Topics In Demand
Notification
New

No notification found.

Filter
BFSI
Features of the new GST returns system

Features of the new GST returns system

GST BFSI
June 18, 2020 267 0

Unlike the Government’s previous attempt, where the Goods and Services Tax was introduced in 2017 and didn’t allow taxpayers any time for transition or understanding the filing of returns, the New Return System under GST has been ...


What to file under new GST returns system?

What to file under new GST returns system?

GST BFSI
June 17, 2020 247 0

The introduction of the New Returns System under the Goods and Services Tax is less than a month away and taxpayers will be happy to know that the new returns system does away with a majority of the N number of forms that taxpayer...


GST 2.0 - Introduction to New GST Returns

GST 2.0 - Introduction to New GST Returns

GST BFSI
June 17, 2020 312 0

India’s most significant indirect tax reform, the Goods and Services Tax is on the path to a total revamp with the New GST Returns System. For those who aren’t familiar with the New Returns, these 101 series will help you understa...


Taxpayers denied pre-GST tax credits

Taxpayers denied pre-GST tax credits

GST BFSI
June 16, 2020 206 0

The Centre has imposed a restriction on the time limit to claim transitional credit. On May 5, in a landmark judgement that brought much relief to taxpayers, the Delhi High Court allowed all taxpayers to claim transitional credit ...


Highlights of 40th GST Council Meeting

Highlights of 40th GST Council Meeting

GST BFSI
June 16, 2020 486 0

Recommendations of GST council related to Law & Procedure The 40th Goods and Services Tax Council meeting was held on June 12, 2020, and was chaired by the Union Finance & Corporate Affairs Minister, Nirmala Sitharaman....


Why are GST taxation reforms critical this year?

Why are GST taxation reforms critical this year?

GST BFSI
June 12, 2020 202 0

Experts believe that the economy tends to take a back seat when political and religious issues take precedence over everything else. Amidst all the protests and rallies around the CAA bill, India seems to be forgetting that th...


E-invoicing in 3 Minutes

E-invoicing in 3 Minutes

GST BFSI
June 12, 2020 192 0

In her second Budget presentation, Finance Minister, Nirmala Sitharaman stressed on introducing a robust infrastructure system to facilitate the easier and efficient filing of GST returns. One of the most significant moves und...


Why is e-invoicing a game-changer?

Why is e-invoicing a game-changer?

GST BFSI
June 11, 2020 327 0

E-invoicing has officially been rolled out by the Government of India, and this new system promises to change the way we deal with the country’s largest tax reform, the Goods and Services Tax. We are already familiar with t...


India will see these reforms in the new financial year

India will see these reforms in the new financial year

GST BFSI
June 11, 2020 199 0

Another financial year is on the brink of closure and a brand new year approaches. 2020-21 is one to look out for, especially in India, because the Government is all set to introduce a plethora of reforms for its citizens. Fro...


18% GST applicable on Leased Premises for Cold Storage purpose of Agriculture Produce on Leasing Charges

18% GST applicable on Leased Premises for Cold Storage purpose of Agriculture Produce on Leasing Charges

GST BFSI
June 10, 2020 2913 0

The Authority of Advance Ruling has held a Goods and services tax rate of 18% is applicable on leasing charges on premises leased for cold storage of agricultural produce. The applicant, a business providing services of storage an...


© Copyright nasscom. All Rights Reserved.