Goods and Services Tax |

FMCG wholesalers face GST investigation for post-deal limits

Coca-Cola India’s packaging accomplice Hindustan Coca-Cola Beverages (HCCB) and wholesalers of FMCG and buyer tough firms have gone under the focal point of the merchandise and ventures charge (GST) specialists over alleged post-deal limits offered by makers, said an individual acquainted with the issue. The specialists have inquired as to why GST was not paid […]

GST Council stretches out due date for realty firms to select old GST rate till May 20

The GST Council Thursday extended by 10 days till May 20 the due date for real estate agents to settle on old GST rates with information charge credit for progressing tasks or move to new lower charge rates. The GST Council, headed by Finance Minister Arun Jaitley and involving state partners, had in March enabled […]

Fund Ministry getting ready full Budget introduction in July

The Union Finance Ministry has started arrangements for the introduction of the full Budget 2019-20 by another administration in July, even as the nation is amidst the progressing seven-staged general races. The Ministry has conveyed correspondences to different industry bodies and different partners welcoming their recommendations on immediate and aberrant duties identified with different divisions. […]

No GST on Interest-Free Security Deposit for Lease: AAR

The Authority for Advance Rulings, Maharashtra has held that the Goods and Services Tax can’t be demanded on the intrigue free security deposit given for renting a business property. Be that as it may, if at the season of finishing of rent residency, the whole store or a piece of it is retained and not […]