The sector had opposed the increase citing higher compliance costs, especially for the unorganised sector and micro, small and medium enterprises (MSMEs), besides making clothing more expensive for the poor.
Read MoreSource: https://taxguru.in/goods-and-service-tax/gst-dggi-ahmedabad-initiated-search-operations-kanpur.html
Officers Of Directorate General Of GST Intelligence (DGGI), Ahmedabad With The Support Of Officers Of Local Central GST Initiated Search Operations In Kanpur
Read MoreThe sector had opposed the increase citing higher compliance costs, especially for the unorganised sector and micro, small and medium enterprises (MSMEs), besides making clothing more expensive for the poor.
Read MorePublic platforms such as UPI and Aadhaar are very important platforms. Even then, for us to leapfrog, we have to do more in terms of public platforms," Sinha said while speaking at the Assocham e-summit on 'Non-Banking Finance Companies & Infrastructure Financing: Transforming the Financial Lending Landscape'.
Read MoreGST collections had grown from ₹92,000 crore in June to ₹1.31 trillion in November, the second highest since GST roll out. The central government said last week its net direct tax collection so far this year has touched ₹9.45 trillion, growing 60.8% year-on-year
Read MoreThe change in duties takes into account relevant factors such as international product prices, exchange rate, tax structure, inflation and keeping in view the prevailing fiscal situation, Minister of State for Finance Pankaj Chaudhary said.
Read MoreThough GST rules permit companies to claim refunds for taxes paid on inputs, telecom infrastructure remains specifically excluded.
Read MoreIndustries Minister KT Rama Rao said that the handlooms sector has been going through a difficult phase due to coronavirus pandemic
Read MoreE-commerce firms will be liable to pay GST on any restaurant service supplied through them including by an unregistered person. The idea is to improve tax compliance
Read MoreSource: https://taxguru.in/goods-and-service-tax/govt-reduces-gst-rate-ethanol-5-per-cent-18-per-cent.html
TAX BREAKS ON ETHANOL | The Government has lowered Goods and Services Tax rate to 5% from 18% on ethanol meant for blending under the Ethanol Blended Petrol (EBP) Programme
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