Category Archives: Goods and services Tax

Goods and services Tax

Goods and services Tax is applied by Indian government as one nation one tax

“GST” Was Apply by the Government to benefited to Business Man.

Before Implementation of GST Various Indirect taxes like service tax,Sales tax,and Excise duty was applicable in india .

In Above all indirect tax cenvat credits i.e. input tax credits on purchase/services received was adjusting with outward sales and outward services given .

For smooth running of this system the Indian Government also implemented this by discontinue of above mentioned tax,

In This Section we try to clarify regarding GST Refunds,GST Returns,GST Circulars,GST Notifications,GST Forms. 

Provisions for MSME Sector under GST

Provisions for MSME  Sector  under  GST Many decisions have been taken by the GST Council in its various meeting for the betterment and benefit of MSME Sector: Details of such major decisions are as below Goods, which are manufactured majorly by the unorganized MSME Sector, have been kept at lower rates or are exempted. For […]

Goa GST meet: ‘Rate Rationalisation’ to be core of discussion on rate-cut proposals

Goa GST meet: ‘Rate Rationalisation’ to be core of discussion on rate-cut proposals The Goods & Services (GST) Council is likely to bring in the arguments of ‘rate rationalisation’ on proposals related with rate cut for various sectors including automobiles.

Government unlikely to offer GST concessions to auto companies

Government unlikely to offer GST concessions to auto companies NEW DELHI: The government is unlikely to offer GST concessions to the auto sector as it believes that the current slowdown is the result of higher growth in the last few years, although pressure started building up in the second half of the last fiscal.

New features on GSTN Portal that you need to be aware of

New features on GSTN Portal that you need to be aware of There have been several new updates on the GST portal over the last six months. The GST portal keeps rolling out new updates to help taxpayers file their returns more smoothly and effectively. Taxpayers need to stay up-to-date to avoid missing out on […]

Suspension of GST Registration – 1st February 2019

Suspension of GST Registration – 1st February 2019 The insertion of the provisions relating to the suspension of GST registration is a welcome step for the GST registered taxpayer. With the insertion of suspension provisions, all those taxpayers who have applied for cancellation of GST registration would be relieved from the continuous compliance burden under […]

New releases on GST Portal – GST.GOV.IN

New releases on GST Portal – GST.GOV.IN New functionalities /enhancements deployed on GST portal recently is given below: (A) Assessment and Adjudication: (i) Rectification of mistake in the order by the Adjudicating Authority: Errors or mistakes apparent on the face of record can be rectified by the Adjudicating Authority, on basis of suo-moto rectification or […]

गुड्स और सर्विसेज टैक्स 2019 – आशा की नयी किरण

गुड्स और सर्विसेज टैक्स 2019 – आशा की नयी किरण गुड्स और सर्विसेज टैक्स 2017 में भारत वर्ष में लागू किया गया था और अब हम आज नए वर्ष 2019 में प्रवेश कर रहें है और जुलाई 2017 से अभी तक जीएसटी में क्या –क्या हुआ इसके बारे में हम लगातार चर्चा करते रहें हैं […]