Tag: GST

GST Council Meeting Scheduled on June 12
GST, LimeLight

GST Council Meeting Scheduled on June 12

SMEStreet Desk- June 6, 2020

Despite the government announcing several relief measures for different sectors, the coronavirus outbreak which has claimed several lives, has also brought the economy to a ... Read More

Rs 36400 Cr as GST Compensation Released to States for COVID-19 Expense
Finance, Finance

Rs 36400 Cr as GST Compensation Released to States for COVID-19 Expense

SMEStreet Desk- June 5, 2020

"Taking stock of the current situation due to COVID-19 where state governments need to undertake expenditure while their resources are adversely hit, the central government ... Read More

NAA Made Profiteering Allegations Against Emaar MGF on Rs 13 Cr GST Credit Input
Sectors, Infrastructure

NAA Made Profiteering Allegations Against Emaar MGF on Rs 13 Cr GST Credit Input

SMEStreet Desk- May 22, 2020

As per the NAA order, the real estate developer profiteered over Rs 13.35 crore, inclusive of GST at 12 per cent on the base amount ... Read More

Centre Releases Rs 15340 Crore GST Compensation to States in This Fiscal
News, COVID-19

Centre Releases Rs 15340 Crore GST Compensation to States in This Fiscal

SMEStreet Desk- May 21, 2020

For 2019-20 fiscal (up to November 2019), the Centre has released Rs 1,20,498 crore GST compensation, higher than Rs 69,275 crore released in full 2018-19 ... Read More

April Month Left With Scary Figures of GST Collection
GST, Banking & Finance

April Month Left With Scary Figures of GST Collection

SMEStreet Desk- May 5, 2020

Sources in the state government departments said that GST collections, one of the prime sources of revenue for the states, is seriously compromised in the ... Read More

Businesses Can Claim GST Refund for Cancellation of Services & Goods Contract
GST, Banking & Finance

Businesses Can Claim GST Refund for Cancellation of Services & Goods Contract

SMEStreet Desk- April 15, 2020

The Central Board of Indirect Taxes and Customs (CBIC) issued a set of clarifications in view of certain challenges being faced by taxpayers in adhering ... Read More

Recommendations Of GST Council Related On IT Roadmap
Finance, InFocus

Recommendations Of GST Council Related On IT Roadmap

SMEStreet Desk- March 16, 2020

In the GST Council meeting, Nandan Nilekani, on behalf of Infosys, made a presentation addressing the system related issues that are being faced by the ... Read More