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A four-member appellate tribunal is likely to be set up in each state in order to streamline and expedite the dispute resolution process with regard to Goods and Services Tax (GST), reported PTI citing official. Each state appellate tribunal would…
Finance Minister Nirmala Sitharaman may get some satisfaction on limiting the fiscal deficit but a niggling item in her account book is the surge in amount under the head ‘Tax Revenue Raised but Not Realised’. The figures are high enough…
The finance ministry is working on a detailed mechanism that can resolve goods and services tax (GST) disputes raised by states while avoiding distortions in the tax regime. The mechanism may be discussed with the states at the next GST…