Category: India

should-i-move-on-to-einvoing

29

Apr2019
GST officers are working on a system where businesses above a certain turnover threshold will have to generate 'e-invoice' on government or GST portal for every sale, thereby effectively reducing the room for tax evasion. To start with, businesses above a specified threshold will just get a unique ... Read More
April 29, 2019brodbill
dateextended

30

Oct2017
To facilitate trade, last date for filing GSTR-2 & GSTR-3 for July 2017 extended to 30th Nov & 11th Dec 2017 respectively.
October 30, 2017brodbill
gold-gst

09

Jun2017
Kolkata, Jun 8 Even as consumers will face a slightly higher tax rate in gold after the Goods and Services Tax (GST) is rolled out this July, the overall impact on the gold industry will be positive, World Gold Council today ... Read More
June 9, 2017brodbill
pjimage-12

14

May2017
HIGHLIGHTS The govt is keen on a July 1 rollout of GST to avoid the possibility of businesses getting hit during the peak festival season Some industry bodies as well as a few states have suggested that a September launch will help with a smooth transition to new regime Senior ... Read More
May 14, 2017brodbill
taxnew

14

May2017
Matching of invoice under GST is a brilliant move to check fraud and drive more businesses to the formal economy, but by taking it one step further and linking tax payment by a supplier, to the availability of Input Credit to the buyer, the beauty of the system completely breaks ... Read More
May 14, 2017brodbill
gst-tax-evasion-over-rs-5-crore-a-non-bailable-offence

05

Apr2017
Tax evasion of over Rs 5 crore under the GST regime would be non-bailable offence with the police having authority to make an arrest without a warrant. The Central GST (CGST) Act provides that if the offences relating to taxable goods and/or services where the amount of tax evaded or the ... Read More
April 5, 2017brodbill
GSTRegistration-1-678×379

17

Mar2017
Last Date for migration to GST is extended upto 31st March 2017, Please migrate your registration number as soon as possible.. ------We relieved the following email------ GOVT OF WEST BENGAL DIRECTORATE OF COMMERCIAL TAXES DATA ANALYSIS WING 14, BELIAGHATA ROAD, KOLKATA – 700 015 To M/S. {Name} VAT RC NUMBER: {Vat Number} This is to inform you that the last ... Read More
March 17, 2017brodbill
RTX30FPP-400×287

20

Feb2017
With the passage of the Constitution (122nd Amendment) Bill in August 2016 and the establishment of the Goods and Services Tax (GST) council, many hoped that the design and structure of India’s GST would emerge soon. Instead, the basic structure of the GST has weakened and GST council ... Read More
February 20, 2017brodbill
gst-migration

26

Nov2016
Following Letter is being circulated to all the registered dealers of Kolkata,West Bengal   GOVT OF ... Read More
November 26, 2016brodbill
exchange-limit-up-from-rs-4000-to-rs-4500

13

Nov2016
NEW DELHI: With public anger rising across the country over limited cash availability, the government tonight eased key restrictions including raising daily withdrawal limit from bank counters and ATM as well as hiking the amount of old and now defunct currency notes that can be exchanged. To augment cash supplies, newly ... Read More
November 13, 2016brodbill