The GST Council is set to debate operational glitches about the GST community portal and request a resolution plan from Infosys, which has gained the deal for controlling again-end for GSTN in 2015.

the very first five years of GST happen to be a roller-coaster ride, impacted by two waves of COVID-19 that resulted in international lockdowns and supply chain disruptions.

Probably the Indian economic climate has attained a phase in which the demand for tiles, ceramic and residential creating goods, ex-cement has reached a stage where by in worst cases it will likely not go under a degree.

Taxpayers can now file a nil GSTR-3B by way of SMS from registered mobile range of authorised signatory for a specific GSTIN. study extra below.

fiftieth GST Council meeting is happening on 11th July 2023. browse the most up-to-date news and the top expectations in this article.

Why have costs been hiked for a few buyer things? When will The problem of payment to States be made the decision?

GSTAT is the Discussion board of the 2nd enchantment beneath the GST legislation and the first widespread dispute resolution forum involving the Centre and States. 

Under the the latest finance ministrynotification, only ED will share data with GSTN, instead of the opposite way, the revenue secretary further famous in the push conference.

SportsHow Rohit Sharma re-tuned his batting technique to generate a gem of the 50 percent-century in huge acquire around England

In case this closing date is expiring involving twentieth March to 29th June 2020, the final date to difficulty order shall be prolonged on the later on of following dates:

Based on tips created by a Group of Ministers (GoM) led by Karnataka Main Minister Basavaraj Bommai, the GST Council has scrapped exemptions on several merchandise and companies, accomplished absent with concessional fees granted for any handful of items, and altered tax fees up or down more info in other instances. overall health care products for instance orthopaedic splints, intraocular lens, ostomy appliances, will now be taxed at 5% rather than 12%. the usage of in-vitro fertilisation (IVF) solutions have already been exempted, truck rentals for merchandise will likely be taxed at twelve% (down from 18%) as well as GST on ropeways has been decreased from eighteen% to five%. nonetheless, stem mobile preservation companies will no more be tax-totally free. medical center home rents in excess of ₹5,000 every day, excluding sufferers in intensive care units or ICUs, shall now be taxed at 5%. Tetra Pak, employed for an increasing variety of items in its place to plastic packaging, will now be taxed at 18%, from twelve% — which could nudge up fees of several client products.

Preying on this generosity is really a cruel transgression, don't just of our laws, but of your goodness that we see in each other as individuals, and we on the Division of customer Affairs are devoted to aggressively pursuing and Keeping accountable people that violate this believe in.”

important reforms recommended include rationalizing tax charges, strengthening dispute resolution, and boosting automation and technology. The survey also highlights the necessity for further more simplification and support for MSMEs.

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