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The long-awaited rationalisation of the multiple rate structure of the Goods and Services Tax (GST) regime is off the table for now and unlikely to materialise in the near future, Revenue Secretary Sanjay Malhotra indicated.
Read more at : The Hindu
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Post Views: 474 A senior official has stated that the Goods and Services Tax (GST) Council in its meeting in…
Goods and Service Tax (GST) registered taxpayers who wish to apply for the GST Amnesty Scheme 2024 under section 128A announced in Budget 2024, should note about a procedural change in filing its application. Without submitting a request for withdrawal of appeal, the taxpayer cannot apply for the GST Amnesty Scheme under section 128A.
Trade and tax professional organisations anticipate a revision of the late free structure and inclusion of provisions for revised returns in the goods and services tax (GST) in the upcoming Union Budget 2024, which will be presented by finance minister Nirmala Sitharaman in Feb.