Category: GST Updates

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Updated on February 16th, 2019 in GST Updates

Delhi Exceeds GST Target in October 2017

Acceptability and adherence of GST among the businesses is on a rise with an ever increasing tax base and the surging revenues. The capital of India saw a whopping increase of 23% in the taxation revenues in October’17 over October’16. That’s a big leap – good for the government and the economy overall. Delhi also…

Updated on May 18th, 2019 in GST Updates

CAIT Threatens to Move Court Against Infosys

Goods and Services Tax, which actually is primarily aimed to boon the businesses, economy and government, is experiencing bumpy rides, due to the ineffectiveness of the Goods and Service Tax Network. The resultant is a mentally and technically stressed trader’s community with fuming intentions. The national body of the traders, CAIT [Confederation of All India…

Updated on December 21st, 2018 in GST Updates

GST Portal Issues get messy – Confederation of All India Traders seek CBI enquiry

Goods & Services Tax [GST], one nation – one tax, the colossal taxation module, which was aimed at widening the tax base and simplifying the taxation net, doesn’t seem to perform reasonably. Changing rules, complex intricacies and lack of proper and adequate knowledge is giving the businesses a real bumpy ride. The Confederation of All…

Updated on April 20th, 2019 in GST Updates

92000 Crores of GST Collected in Spetember-17

The score cards for the collection of GST for September 2017 are out now. The finance ministry in its announcement made on 24th October’17, declared that, about 42.91 lakh tax payees have deposited around Rs. 92,150 crores as GST for Sep’17. It stated “The total revenue of GST paid under different heads (up to October…

Updated on November 13th, 2018 in GST Updates

Dining likely to get economical – GST Rates on Restaurants expected to be slashed by November, 2017

Amidst the wavering dust storm around GST implementation, its online intricacies, the ignorantly attracted penalties and late fees and the amplified GST rates, the government has its agenda ready and is all set to re-discuss many burning issues, in its next GST Council meeting in Guwahati on 9th November 2017. GST rates on restaurants [both…