NEW DELHI : New Delhi: A government panel will discuss on Tuesday ways to intensify enforcement activities against goods and services tax (GST) defaulters who have been identified by a fraud detection software, amid GST collections dropping to a 19-month low in September.
The global apparel industry is awash with “facts” and statistics which, in a great many cases, can be inadvertently misleading.
ISLAMABAD: Pakistan has always been dependent on the United States, European Union and Middle Eastern countries for trade.
Two years after its launch, the Centre has begun the biggest review of goods and services tax (GST) — including a possible resetting of rates along with a scrutiny of the slabs — to tone up collections and plug leakages.
GST Return: The Union government’s new circular to restrict the reimbursement of input tax credit to 20% of the total amount claimed in GSTR 3B return will aggravate the problem of SMEs that have already been grappling the issue of delayed payments.
GST might have flaws but cannot damn it now: Finance Minister Nirmala Sitharaman - 12th October 2019
Conceding that GST may have some flaws in its present form, finance minister Nirmala Sitharaman on Friday asked tax professionals not to curse it and sought their help to make it better.