Clarification about Transition Credit

Clarification about Transition Credit: There are lot of speculations in the media about the credit of Rs. 65,000 crore claimed by taxpayers in respect of Central Excise and Service Tax in the pre-GST period. Some people are under the impression that because of Rs. 65,000 crore claimed as transition credit, Read more…

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GST News 22nd Sep 2017

The Goods and Services Tax (GST) Council has put in place an elaborate framework for division of taxpayers between the state and central tax authorities, in a move aimed at bringing clarity and effectiveness in the administration of the new indirect tax regime. One nation, one tax: Nearly 3 million Read more…

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GST News 21st Sep 2017

22 lakh GST returns filed till 6 pm Wednesday on GSTN portal : Over 21.83 lakh returns were filed till 6pm, a person aware of the development said. GST return filing would continue till midnight. Tax officials have asked about 5,000 companies, including some big manufacturers that figure in the Read more…

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GST News 20th Sep 2017

GST Council prepones meet to October 6 The meeting that will be held will be a video-conferenceing meeting. जीएसटी और बैंकरप्सी कोड से भारत में बढ़ेगा एफडीआई: मूडीज Exporters urge government panel to speed up GST refunds GST : Small Traders/Manufacturers/Restaurants can now opt for availing the Composition Scheme till Read more…

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