Implementation of GST Under the Ministry The implementation of GST in the country has been largely smooth barring a few teething problems. Further, it is informed that GST has been implemented in all sectors except on the supply of alcoholic liquor for human consumption, on the supply of petroleum crude, high speed diesel, motor spirit (commonly known as petrol), natural … [Read more...] about Implementation of GST Under the Ministry
GST
Rs 83,346 crores collected under GST for the month of October 2017, received in November
Rs 83,346 crores collected under GST for the month of October 2017, received in November (upto 27th Nov 2017) A sum of Rs 83,346 crores has been collected as Total Revenue Collection under GST for the month of October, received in November till 27th November 2017. 95.9lakh taxpayers have been registered under GST so far, of which 15.1 lakh are composition dealers who are … [Read more...] about Rs 83,346 crores collected under GST for the month of October 2017, received in November
Cabinet approves promulgation of the Goods and Services Tax (Compensation to States) Ordinance, 2017
Cabinet approves promulgation of the Goods and Services Tax (Compensation to States) Ordinance, 2017 The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given its approval to the proposal of the Finance Ministry to promulgate an ordinance to suitably amend the Goods and Services Tax (Compensation to States) Act, 2017. The approval would allow to increase the … [Read more...] about Cabinet approves promulgation of the Goods and Services Tax (Compensation to States) Ordinance, 2017
FREQUENTLY ASKED QUESTIONS IMPLEMENTATION OF GST : CSD
FREQUENTLY ASKED QUESTIONS IMPLEMENTATION OF GST : CSD ISSUES CONCERNING DEPOTS Q. What will be the format of Purchase Orders in GST Regime? A. Purchase orders in the existing VAT regime will continue after removing the columns such as VAT columns VAT, CST etc and by adding the following fields :- (a) GSTN of respective depot (b) GST rate applicable for the index. (c) HSN … [Read more...] about FREQUENTLY ASKED QUESTIONS IMPLEMENTATION OF GST : CSD
Benefits of the reduced rates/tax rebate to the consumers post GST
Benefits of the reduced rates/tax rebate to the consumers post GST The GST Council comprising the representatives of Central and State Government recommended the GST rates for goods and services, interalia taking into account the pre-GST indirect taxes incidence on goods and service. The GST rates on goods have since been notified. With the GST rates so notified the tax … [Read more...] about Benefits of the reduced rates/tax rebate to the consumers post GST
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