New Delhi: The 22nd meeting of the GST Council, chaired by Union Finance Minister Arun Jaitley, will be held on October 6 to deliberate on GSTN glitches and ironing out issues faced by exporters, a ministry official has said. The meeting was scheduled to be held on October 24 …
GST News Feed
Jaitley asks biz to avoid last-minute rush for tax filing
With 75 per cent of businesses waiting till the last day to file August GST returns, Finance Minister Arun Jaitley on September 20 asked them to avoid last-minute rush for tax filing. He said the GST Network (GSTN) has the capacity to handle 1 lakh returns per hour, which translates to 24 lakh re…
GSTN glitches: Here are the 5 common issues experienced by taxpayers on portal
Here’s a look at the five commonly faced problems by the GSTN users while filing tax returns
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PM moots, CBEC conceptualises: Easier compliance on way to bring more SMEs under GST umbrella
New compliance mechanism being worked out by Central Board of Excise and Customs to ease GST norms for small businesses with annual turnover under Rs 20 lakh
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Composition Scheme returns: Govt reopens ‘less tax, no input credit’ window for small businesses
The tax payers who opt for the composition scheme during this period will get this facility from October 1 for the current financial year
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PC-maker Lenovo banks on GST-ready solutions for SMEs
The Chinese PC maker hopes to enable small businesses and entrepreneurs with GST-compliant accounting offerings (on its devices)
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Pre-GST order booking giving a push to exports : President, FIEO
Exporters have stopped taking orders with least or no working capital at their disposal due to blockage of funds under GST
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Demonetisation & GST hit informal sector; GDP lowers to 6.7% from last fiscal
The recent report indicated that manufacturing slowed ahead of the GST launch amid demonetisation effect which contributed to the lower growth of the economy.
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Uttar Pradesh tax department launches webpage for GST related complaints & feedback
The Uttar Pradesh tax department has launched a web page to allow traders and others submit their complaints and feedback related to the GST, a state official said. Traders, businessmen and others can forward their complaints and problems related to the new tax regime GST to the UP commercial tax…
Trade assessees seek more time to file GST returns
Suppliers of goods and services seem to be in a fix over filing the GSTR 1 return for July 2017. With just two days left for filing of the said return, the assessees, after encountering various problems in uploading of details, have now sought extension of time by a fortnight to enable them compl…