The move by the government to bring warehouses under the Goods and Services Tax (GST) net is likely to have a major impact on players in the organised sector who take warehouses on rent as part of their collateral management business.
New Delhi, April 8 After detecting mismatches in some e-way bill submissions, the Centre is now examining more GST Network (GSTN) data to see if such evasions are increasing sufficiently enough to consider withdrawing the facility of generating multiple e-way bills on a single invoice, an official source said on Monday.
The rupee on Tuesday opened 9 paise higher at 69.58 against the US dollar on account of some selling in American currency by banks and exporters amid sustained foreign fund inflows.
Reserve Bank of India(RBI) has come out with guidelines for banks to set up new currency chests, which include minimum area of 1,500 square feet for strong room.
MUMBAI: Total Gross GST revenue collected in the month of March, 2019 stood at Rs 1,06,577 crore of which CGST accounted Rs 20,353 crore, SGST at Rs 27,520 crore, IGST at Rs 50,418 crore (including Rs 23,521 crore collected on imports) and Rs 8,286 crore cess (including Rs 891 crore collected on imports).
The Texprocess Forum programme has been released and it will mainly discuss digitalisation and sustainability in the textile sector.