Tag: GST

LocalCircles Survey Identifies GST and Cash Crunch As Major Hurdle for MSMEs’ Growth
Finance, GST

LocalCircles Survey Identifies GST and Cash Crunch As Major Hurdle for MSMEs’ Growth

SMEStreet Edit Desk- January 19, 2021

''About 73 per cent startups favoured removal of GST under the reverse charge or services procured from overseas as a measure to boost Indian Startups ... Read More

CAIT Challenged to Agitate Against Complex GST System
Banking & Finance, GST

CAIT Challenged to Agitate Against Complex GST System

SMEStreet Edit Desk- January 18, 2021

According to CAIT, the GST has become a hurdle in the smooth retail trade because of the complexities and arbitrariness of its provisions. Read More

Banking & Finance, GST

Retailers In Maharashtra Complains Maharashtra Govt for Impacting GST Norms

SMEStreet Edit Desk- January 16, 2021

''It will also pave the way for other states to interpret each circular of the Central Board of Indirect Taxes and Customs (CBIC) in their ... Read More

Budget Expectations on GST Implication
Budget 2021, LimeLight

Budget Expectations on GST Implication

SMEStreet Edit Desk- January 14, 2021

ince Banks get only 50% input credit, they load this loss on Corporate BCs while paying commission to BC Agent, which makes the tax impact ... Read More

Anti Evasion Wing of GST Arrests an Mumbai Exporter for GST Fraud
Electronics, News

Anti Evasion Wing of GST Arrests an Mumbai Exporter for GST Fraud

SMEStreet Edit Desk- January 13, 2021

An exporter has been arrested by the anti-evasion wing of the Central Goods and Services Tax (GST), Mumbai West unit for allegedly availing fake Input ... Read More

Rs 6,000 Crore Released to States to Meet GST Compensation Shortfall
Banking & Finance, Finance

Rs 6,000 Crore Released to States to Meet GST Compensation Shortfall

SMEStreet Edit Desk- January 5, 2021

Out of this, an amount of Rs 5,516.60 crore has been released to 23 states and an amount of Rs 483.40 crore has been released ... Read More

Payment of 1% GST in Cash Only for 45000 Taxpayers: DoR sources
Banking & Finance, GST

Payment of 1% GST in Cash Only for 45000 Taxpayers: DoR sources

SMEStreet Edit Desk- December 27, 2020

Based on the recommendations of the GST Law Committee, the government has notified new indirect tax rules that makes cash payment of 1 per cent ... Read More