In the coming days with the proposed launch of the new GST return filing system, the MSMEs and small businesses are going to find the return filing process more functional and easy.
GST Return Deadline Extended: The government has extended the deadline to file the annual GST return filing deadline for the last financial year 2017-18.
The tax income from State Goods and Services Tax (SGST) in Gujarat for the five months of the current financial year, stood at Rs 14,642 crore almost stagnant – rather a minor drop – compared to last year's SGST collection of Rs 14,900 crore witnessed during the corresponding period in the previous fiscal.
GST-the biggest indirect tax reform, even after 2 years of its implementation is still in its nascent stages.
NEW DELHI — The central government estimates a shortfall of around 500 bln rupees in the overall goods and services tax collections for the current financial year ending March as monthly mop-up continues to be below the required run rate, a senior government official said.
The tax income from State Goods and Services Tax (SGST) in Gujarat for the five months of the current financial year, stood at Rs 14,642 crore almost stagnant – rather a minor drop – compared to last year's SGST collection of Rs 14,900 crore witnessed during the corresponding period in the previous fiscal.