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Goods and Services Tax, is an tax that clients need to manage when they purchase any goods or services, for example, food, garments, gadgets, things of day by day needs, transportation, travel, and so forth The idea of GST is that it is an Indirect Tax, , this tax isn't legitimately paid by clients to the administration, yet is fairly required on the maker or vender merchandise and the suppliers of administrations. The venders normally include the assessment cost into their expenses, and the value the clients pay is comprehensive of GST. Along these lines, as a rule, you end up paying a tax regardless of whether you are not a income taxpayer.
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GST Revenue collections in the month of February 2021 is Rs.1,13,143 crores
Press Release The gross GST revenue collected in the month of February 2021 is Rs. 1,13,143 crores of which CGST is Rs. 21,092 crores, SGST is Rs. 27,273 crores, IGST is Rs. 55,253 crores and Ces...
CBIC provides permanent facility to resolve invoice mismatch error (code SB-005) on payment of fees of Rs. 1000
Circular No. 05 /2021-Customs Dated 17th February, 2021 CBIC has provided the facility for resolving invoice mismatch errors with officer interface as an alternative measure for the shipping bill...
CBIC issued guidelines on procedure to be followed during search operation
Instruction No. 01/2020-21 Dated 2nd February, 2021 CBIC has issued guidelines concerning the procedures to be followed during search operation. These guidelines must be adhered to while conducti...
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