Source: https://www.livemint.com/companies/news/exporters-seek-gst-exemption-on-freight-11665342180192.html
Indian exporters have urged the government to extend the rupee payment mechanism to more countries, and restore the 18% goods and services tax (GST) exemption on export freight amid the World Trade Organization (WTO)’s forecast hinting at a sharp decline in global trade next year.
Read MoreNew Delhi: The Central Board of Indirect Taxes and Customs (CBIC) has urged businesses to file their return forms relating to taxes to be deducted or collected at source (TDS and TCS) for September to avoid late fee and interest.
Read MoreSales Tax Amnesty Scheme 2022 announced by the GST Department of the Government of Maharashtra has received an overwhelming response from the business community across the state. The last day to pay the eligible requisite amount was 30th September 2022. Nearly in one lakh twenty thousand cases the payment has been made by the dealers till this date.
Read MoreLow-cost airline SpiceJet has welcomed the changes made in the Emergency Credit Line Guarantee Scheme (ECLGS) for the civil aviation sector but has asked the government to extend support on jet fuel as well.
Read MoreSource: https://www.livemint.com/companies/news/process-to-tag-risky-exporters-to-change-11664998385441.html
NEW DELHI : The Union government is likely to tweak the mechanism followed to tag exporters as “risky", two people aware of the development said, against the backdrop of slowing merchandise exports.
Read MoreSource: https://taxguru.in/goods-and-service-tax/live-gst-audit-assessment.html
This course covers all the provisions related to GST Audit & Assessment in a very easy and simple way with live practical examples including relevant rules. Through practical examples we can understand the law very easily and apply the same in practical cases. This course is completely based on practical tools of GST AUDIT & ASSESSMENT. Certificate from TaxGuru shall also be given after the completion of course.
Read MoreSource: https://taxguru.in/goods-and-service-tax/cbic-clarifies-time-limit-compliances-gst.html
Clarification regarding time limit for certain compliances pursuant to issuance of Notification No. 18/2022-Central Tax dated 28.09.2022
Read MoreSource: https://taxguru.in/goods-and-service-tax/file-transition-form-gst-tran-2-gstn-portal.html
Manual on Transition Form GST TRAN – 2
How can I file transition Form GST TRAN – 2?
Source: https://taxguru.in/goods-and-service-tax/upload-documents-gst-transition-forms.html
To provide tax officers an informed decision whether to pass ITC or not, Upload Document functionality is introduced. To upload documents in GST transition forms, perform the following steps:
Read MoreGambling and betting, whether online or offline, are supplies of services as per the goods and services tax (GST) law. Currently, an 18 per cent GST is levied on online Games of skill, while a 28 per cent GST is levied on online games of chance
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