Gst For Traders

The Supreme Court on Wednesday directed the Centre not to use "threat and coercion" during search and seizure operations against traders for recovery of Goods and Services Tax (GST) and instead persuade them to clear the dues voluntarily.

In a major Diwali gift to traders of the state, the Punjab cabinet led by Chief Minister Bhagwant Singh Mann today approved the Punjab one-time settlement (OTS) scheme for pre-GST arrears, which will benefit over 60,000 traders.

Tax officers will give reasonable time to traders to explain reasons for mismatch in turnover reported in sales return GSTR-1 and tax payment form 3B

The last date for filing of GST Returns for March, April and May 2020 has been extended to June 30, finance minister Nirmala Sitharaman announced today amid a number of relief measures following the crisis triggered by coronavirus. There have been expectations of GST relief as small traders and businessmen struggled over the last weeks as state aft...

The body also suggested a review of items placed under different tax slabs under Goods and Services Tax (GST) as many of them are overlapping

Prime Minister Narendra Modi today promised to establish a traders welfare board upon "coming back to power on May 23", the date when votes for the Lok Sabha elections will be counted. He said this at a traders' convention in the national capital, where he announced a series of welfare measures for small shopkeepers such as Rs 50-lakh loan without ...

The Goods and Services Tax Network (GSTN) has directed its software vendor Infosys to design new forms for filing returns by traders, said its Group of Ministers Chairman Sushil Kumar Modi today.

Union Minister Piyush Goyal on Saturday said that a telephone helpline number will be started soon, where consumers can report against those traders who evade tax by not issuing purchase bill.

Ahead of the second phase of polling in the Gujarat assembly election on December 14, Congress vice-president Rahul Gandhi today attacked Prime Minister Narendra Modi for causing losses to small traders in the state and asked whether his government would take responsibility for that.

If elections are about perception, then the BJP won Gujarat even before Rahul Gandhi launched his extensive campaign in the state. In the last few months, much has been made about his aggressive campaigning in the state. About the Patidars and Hardik Patel's electoral speeches. About GST and the impact it has on the traders in Surat and in the busi...

As the commercial capital of Gujarat, Surat has always been high-maintenance for politicians. But in this election, when it is seen as reviewing its steadfast loyalty to the BJP, its political intensity has peaked.

Four months after India's biggest tax overhaul, traders are still waiting for Rs 50,000 crore ($7.7 billion) they say the government owes them in refunds, leaving them short of operating capital as overseas sales suffer.

The Congress today claimed credit for the GST Council's decision to cut tax rates on 178 items of daily use, saying the government was forced to do so due to the pressure mounted by party vice-president Rahul Gandhi and the "huge response" his campaign had been receiving in poll-bound Gujarat.

The relaxations along with cut in the tax rate on more than 200 items were welcomed by traders and industry watchers alike.

Union Finance Minister Arun Jaitley on Friday announced a big overhaul of new national tax GST, saying only 50 items will remain in the highest tax slab of 28 per cent, with 178 others moved to the 18 per cent bracket effective November 15. Dining out will also become cheaper, with food at all restaurants in the country, except those in starred hot...

The Supreme Court on Wednesday directed the Centre not to use "threat and coercion" during search and seizure operations against traders for recovery of Goods and Services Tax (GST) and instead persuade them to clear the dues voluntarily.

In a major Diwali gift to traders of the state, the Punjab cabinet led by Chief Minister Bhagwant Singh Mann today approved the Punjab one-time settlement (OTS) scheme for pre-GST arrears, which will benefit over 60,000 traders.

Tax officers will give reasonable time to traders to explain reasons for mismatch in turnover reported in sales return GSTR-1 and tax payment form 3B

The last date for filing of GST Returns for March, April and May 2020 has been extended to June 30, finance minister Nirmala Sitharaman announced today amid a number of relief measures following the crisis triggered by coronavirus. There have been expectations of GST relief as small traders and businessmen struggled over the last weeks as state aft...

The body also suggested a review of items placed under different tax slabs under Goods and Services Tax (GST) as many of them are overlapping

Prime Minister Narendra Modi today promised to establish a traders welfare board upon "coming back to power on May 23", the date when votes for the Lok Sabha elections will be counted. He said this at a traders' convention in the national capital, where he announced a series of welfare measures for small shopkeepers such as Rs 50-lakh loan without ...

The Goods and Services Tax Network (GSTN) has directed its software vendor Infosys to design new forms for filing returns by traders, said its Group of Ministers Chairman Sushil Kumar Modi today.

Union Minister Piyush Goyal on Saturday said that a telephone helpline number will be started soon, where consumers can report against those traders who evade tax by not issuing purchase bill.

Ahead of the second phase of polling in the Gujarat assembly election on December 14, Congress vice-president Rahul Gandhi today attacked Prime Minister Narendra Modi for causing losses to small traders in the state and asked whether his government would take responsibility for that.

If elections are about perception, then the BJP won Gujarat even before Rahul Gandhi launched his extensive campaign in the state. In the last few months, much has been made about his aggressive campaigning in the state. About the Patidars and Hardik Patel's electoral speeches. About GST and the impact it has on the traders in Surat and in the busi...

As the commercial capital of Gujarat, Surat has always been high-maintenance for politicians. But in this election, when it is seen as reviewing its steadfast loyalty to the BJP, its political intensity has peaked.

Four months after India's biggest tax overhaul, traders are still waiting for Rs 50,000 crore ($7.7 billion) they say the government owes them in refunds, leaving them short of operating capital as overseas sales suffer.

The Congress today claimed credit for the GST Council's decision to cut tax rates on 178 items of daily use, saying the government was forced to do so due to the pressure mounted by party vice-president Rahul Gandhi and the "huge response" his campaign had been receiving in poll-bound Gujarat.

The relaxations along with cut in the tax rate on more than 200 items were welcomed by traders and industry watchers alike.

Union Finance Minister Arun Jaitley on Friday announced a big overhaul of new national tax GST, saying only 50 items will remain in the highest tax slab of 28 per cent, with 178 others moved to the 18 per cent bracket effective November 15. Dining out will also become cheaper, with food at all restaurants in the country, except those in starred hot...