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Ahead of a recent update in the norms related to goods and services tax (GST), the city’s businessmen are now furious over these “frequent changes” in the requirements for compliance to the GST system. They rue that instead of making…
The government is considering to remove the penal offences which are already covered under the Indian Penal Code (IPC) from the GST Act to make it more taxpayer-friendly, an official said. The proposal, part of the exercise to decriminalise GST…
CBIC effects the changes in GST Laws by issuing Notification, Circulars etc. The proposal about the change in tax rate or amendment in law viz. Act, Rules etc. are presented in GST Council meeting and after the necessary approval they…
The Central Goods and Services Tax Act, 2017 (Act No.12 of 2017) is compiled by Sri Ghanshyam Upadhyay, LLB and Sri Praveen Upadhyay B. Com , GST Practitioners in Hyderabad, Telangana. This E-Book /Act is updated with Circulars, Notifications, amended…
Decriminalisation of the Goods and Services Tax Act is on the cards, which would give a big reprieve to small businesses in India, sources told businessline. In what could be a major overhaul of the GST Act in nearly six…