Under the able leadership of Haryana Chief Minister Nayab Singh Saini, who is also the Excise and Taxation Minister of the state, the Excise and Taxation Department has achieved significant growth in the collection of Goods and Services Tax (GST).
Vodafone Idea (Vi) stated through a filing to the Bombay Stock Exchange (BSE) on Friday that it plans to appeal against a Rs 16.73-crore Goods & Services (GST) demand order it has received from the Deputy Commissioner of the Large Taxpayer Unit of West Bengal.
Leader of Opposition in Lok Sabha Rahul Gandhi, who is on a two-day visit to his parliamentary constituency here, on Thursday said unemployment is on the rise in the country due to demonetisation and GST imposed by the BJP-led NDA government at the Centre.
Union Finance Minister Nirmala Sitharaman on Tuesday informed the Rajya Sabha that indirect tax under the Goods and Services Tax (GST) has significantly reduced over the years since its implementation.
Mr Mitra, while opposing the Union Budget alleged that the Union government has announced 100 per cent FDI (foreign direct investment) in insurance sector but simultaneously it has not stopped collecting 18 per cent GST.
'The Indian model of dual GST is unique in the world and represents a paradigm of partnership between the Central and state governments, and between the government and the industry.'
In case this revenue gap is not bridged in the coming years despite all compliance efforts, adequate compensation, in the manner as envisaged in the Compensation Act, should be extended beyond 2022
Mr Modi, who was almost single-handedly responsible for BJP's landslide victory, has the humongous responsibility of fulfilling the promises that he had made in 2014 and 2019. The Government can achieve its promise of achche din only if it starts working for achche din from day one of its tenure.
The GST body did not specify the period in which the cases of fake invoices were detected.
The total number of GSTR 3B Returns filed for the month of April up to May 31, 2019 is 72.45 lakh. The GSTR-3B Form records the summary of outward supplies, input tax credit (ITC) claimed and net tax payable.
