Gelvan’s network of sham charities claimed to utilize donations to help homeless veterans, retired and disabled legislation enforcement officers, breast cancer survivors and Other folks in will need. the truth is, these corporations spent Pretty much none of the donations to the promised actions.

2. Due day of claiming ITC, creating sales/credit rating-debit note amendments of the money year is extended upto 30th November of yr following the economic calendar year.

mindful with the enormous contribution with the sector, the government continues to be getting lots of measures to provide a far more facilitative surroundings for MSMEs’ growth.

The legislation committee has recommended the introduction of a brand new portion 11A towards the CGST Act, claimed a report

Stay tuned During this Place to learn more concerning the highlights, newest updates and news around the 52nd GST Council meeting.

GoM on appellate tribunal was considered with some modifications that will be re-drafted and circulated with members of GST Council for approval.

Puri suggests developing a GST Council-like construction for pushing reforms, several of which can be in states' area. India's economic system is performing properly inside a stressed global atmosphere resulting from coverage devices deployed by The federal government over the past years.

Taxpayers whose GSTR -3B for the thirty day period of Oct 2017 was submitted although not submitted to the common portal.

​​​​The GST Council’s Conference, the first this year, comes at any given time if the state is reeling beneath the 2nd wave of coronavirus bacterial infections that have derailed the economic Restoration.

for the duration of a pre-budget Assembly with point out finance ministers on Saturday, Sitharaman also encouraged states to make the most of the fifty-year fascination-no cost personal loan plan offered by the Centre for enterprise unique reforms.

read through more details on the extensions detailed out within our post on push briefings as on 24th March 2020.

ONGC, Oil India and Reliance could be Amongst the beneficiaries of fuel remaining A part of the GST ambit coupled with metropolis gas distribution website corporations.

additional, the GST exemption checklist was trimmed down and modifications into the GSTR-3B structure at the moment are opened up for community tips.

an automatic fall proceedings facility is offered around the GST portal to revoke cancelled GSTINs exactly where taxpayers file pending GST returns.