Commentary from EZTax India Tax Experts on the applicability of GST and on Composition, Valuation, ITC, and Invoices. Get more from EZTax India.
When the Return is Showing ‘Rejected’ (i.e. is equal to not filed) Status.
Please write to cbecmitra firstname.lastname@example.org , with the following documents
Provisional IDs and Passwords of taxpayers registered in February and March 2017 and also who’s Provisional IDs and Passwords were cancelled due to State VAT registration cancellation, are now available for GST enrollment. The enrollment process on GSTN portal (gst.gov.in) would begin from 1st June to 15th June’17 (Only 15 days, last opportunity to get migrated to GST).
From July’17 with the introduction of GST the Real Estate is becoming costlier with higher tax. Air conditioners and Refrigerators are becoming costlier post GST as they are coming under the tax bracket of 28%. […]
Dining out get expensive: GST on Non-AC restaurants will be 12%. 18% GST will be levied at air-conditioned restaurants with liquor license. Cab rides are marginally cheaper: Present rate of tax is 6% and […]
The fitment of rates of goods were discussed today during the 14th GST Council meeting held at Srinagar, Jammu & Kashmir. The Council has broadly approved the GST rates for goods at nil rate, 5%, […]
A four-tier GST tax structure of 5, 12, 18 and 28 per cent, with lower rates for essential items and the highest for luxury was decided by the all-powerful GST Council on Thursday i.e 18th […]
The effect of the GST Implementation can be either positive or negative on the Pharma Industry. There may be some new operational modalities to be adopted by the Pharma Industry.
Impact of GST on both enterprises and consumers, a commentary from Tax Experts from EZTax India
No VAT on items sold at a discount of 40% or above in India. Update from National Consumer Disputes Redressal Commission