Businessmen who have opted for Composition Scheme (paying of lumpsum tax) under Goods and Services Tax (GST) regime were unable to pay their quarterly taxes as the new form was not accessible on GST network even as the deadline ended on Thursday.
Taxmen unearthed Rs 45,682.83 crore worth of tax frauds under goods and services tax (GST) regime since its rollout on July 1, 2017, government data showed.
Goods and Services Tax (GST) is India’s biggest indirect tax reforms which started on July 1, 2017. It is founded on the notion of “One Nation, One Market, One Tax”, as we enter the third year of successful implementation of GST after braving some serious challenges.
GOTS is set to host the ‘GOTS Bangladesh Seminar 2019’ (GBDS19), on September 8, 2019, with the theme ‘Connecting for Success’ at the International Convention City Bashundhra (ICCB) in Dhaka.
Garment exporters yesterday demanded a faster and more efficient service from the customs houses of Dhaka, Chattogram and Benapole ports as some of them are facing troubles in their business operations.
The entire supply chain partners from fibre to fashion showcased the developments in their requisite field at the triple shows during the three-day exhibition ‘Textile Fairs India (TFI) 2019’.