- 04 Dec 2024 06:47 PM
- New
GST rate hike reports premature and speculative: CBIC
The Union govt's apex indirect tax body referred to “various reports in the media” regarding recommendations of a group of ministers on GST rate changes.
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- 04 Dec 2024 06:52 PM
- New
Amid lack of regulation, online gaming in limbo, failing to attract investment
New Delhi: The Centre’s failure in appointing proposed self-regulatory bodies (SRBs) for the online gaming sector has left the industry in limbo, with small firms struggling to get investors and large ones innovating without any legal guardrails to try and rope in more paying consumers.
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- 04 Dec 2024 06:58 PM
- New
Introduction to Excel-based GSTR-9 Offline Tool
Source: https://taxguru.in/goods-and-service-tax/introduction-excel-based-gstr-9-offline-tool.html
The Excel-based GSTR-9 Offline Tool helps taxpayers prepare their GSTR-9 return offline. The tool allows taxpayers to fill in data for various tables in the GSTR-9 return, such as details of outward and inward supplies, ITC availed, tax paid, and demand/refunds. It is not mandatory to fill in all worksheets; empty worksheets can be left blank. Key features include the ability to open a downloaded GSTR-9 JSON file from the GST portal, validate entered data, and generate a JSON file for uploading to the GST portal. Taxpayers can also handle errors by opening the “processed with error” files and making corrections in the Offline Tool. After validation and correction, the user can generate a JSON file for upload, which is then processed by the GST portal. The tool simplifies the process of filling GSTR-9 by automating certain data imports and allowing easy updates, ensuring a smoother filing experience.
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- 03 Dec 2024 06:59 PM
ITC, Godfrey Phillips, Varun Beverages shares slip on report of likely GST hike on cigarettes, tobacco, aerated drinks
Varun Beverages share price plunged as much as 5.18%, ITC stock price declined 3%, Godfrey Phillips India shares declined as much as 3.16%, while VST Industries stock fell 2.27% during Tuesday’s trading.
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- 03 Dec 2024 06:57 PM
5 ITEMS THAT MAY SEE TAX TWEAKS
TOBACCO PRODUCTS
The GST on cigarettes, tobacco, and related items may rise to a proposed 35% from the current 28%, targeting higher revenue from demerit goods.
- 03 Dec 2024 07:08 PM
Advisory for Entry of RR No./eT-RRs in EWB system Post EWB-FOIS Integration
The integration of the E-Way Bill (EWB) system with the Freight Operations Information System (FOIS) of Indian Railways streamlines the transport of goods by rail. Taxpayers using FOIS must ensure accurate entry of Railway Receipt Numbers (RR No.) or electronic Transfer RR (eT-RRs) into the EWB system to prevent discrepancies. Specific steps include updating Part-B of the EWB via the “Multi-Transport Mode”
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- 03 Dec 2024 06:40 PM
Economy News Today highlights on December 2, 2024: GST on cigarettes, tobacco, aerated beverages likely to be hiked: Here's what we know
Economy News Today highlights on December 2, 2024: From key announcements to major events impacting the micro and macro economy of the country and the world, this platform provides you with all the latest updates on the economy.
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- 03 Dec 2024 06:44 PM
GST on cigarettes, tobacco, aerated beverages likely to be hiked, new 35% slab proposed: Here’s what we know
The Group of Ministers on rate rationalisation has finalised its report, which will be presented to the GST Council, PTI reported. The GoM will likely propose a tax hike on cigarettes, tobacco, and aerated beverages, as per the report.
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- 03 Dec 2024 06:51 PM
Shares to buy or sell: Sachin Gupta of 5paisa recommends Natco Pharma, Sunflag Iron today - December 3
Shares to buy or sell: Sachin Gupta of 5paisa has recommended two stocks on Tuesday - Natco Pharma Ltd, and Sunflag Iron and Steel Co Ltd.
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- 02 Dec 2024 06:56 PM
Economy News Today highlights on December 1, 2024: GST collection for November rises by 8.5% to ₹1.82 lakh crore
Economy News Today highlights on December 1, 2024: From key announcements to major events impacting the micro and macro economy of the country and the world, this platform provides you with all the latest updates on the economy.
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