GST Council revises rates for 66 items Goods and Services Tax rates for 66 items including movie tickets, school bags and insulin have been reduced…
"All the rules are yet to be notified. Only after the rules are finalised can the IT systems from Goods and Services Tax Network (GSTN)…
RC Cancelled message While migration of GST their registration into the GST common portal the message displayed was : "Your RC is cancelled therefore your…
Synthetic will be passed off as cotton in blended fabrics for tax lower rate, say industry captains Textile products are likely to become more expensive,…
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Companies can get credit of up to 40 per cent of their goods and services tax liability against excise duty already paid on stocks lying with traders or retailers when GST is rolled…
TO PROMOTE DIGITAL PAYMENTS AND TO ENCOURAGE EASY PROCESS OF PAYMENT FLOWS, GOVERNMENT TO AMEND THE NEGOTIABLE INSTRUMENT ACT FOR HIGHER PENALTIES OF DISHONOURED CHEQUES.