GST KI CLASS

GST Master Class: Composition and record keeping

The Goods and Services Tax or GST  has become operational from 1st of July, and it is believed to revolutionize the way of doing business and and paying  taxes. But what is GST and how will it reform the current tax structure? And most importantly, why does the country need such a huge overhaul in … Continue reading GST Master Class: Composition and record keeping

Know the Concepts of GST: Registration and Migration

The Goods and Services Tax or GST  has become operational from 1st of July, and it is believed to revolutionize the way of doing business and and paying  taxes. But what is GST and how will it reform the current tax structure? And most importantly, why does the country need such a huge overhaul in … Continue reading Know the Concepts of GST: Registration and Migration

Fine of 1 lakh and jail term if post GST rates are not printed on inventory

AMN Government has warned manufacturers of a fine of up to one lakh rupees, and a jail term, if new post GST rates are not printed on the inventory. Briefing reporters in New Delhi yesterday, Consumer Affairs Minister Ram Vilas Paswan said, manufacturers have been allowed to clear the unsold stocks by September with new … Continue reading Fine of 1 lakh and jail term if post GST rates are not printed on inventory

CGST won’t apply on items not registered under trademark law

AMN The government today said 5 per cent Central GST will not apply to products that are not registered under the Trade Marks Act. Finance Ministry in a statement said CGST rate on supply of certain goods such as paneer, natural honey, wheat, rice and other cereals, pulses, flour of cereals and pulses is zero. … Continue reading CGST won’t apply on items not registered under trademark law

“Govt closely monitoring price, supply situation post GST implementation”

TIA NEWS Government is closely monitoring price and supply situation of commodities following implementation of GST. Briefing media in New Delhi, Revenue Secretary Hasmukh Adhia said media campaign is on to educate people about the reduction in commodity prices after the implementation of GST. Mr Adhia said, yesterday Cabinet Secretary P K Sinha chaired the … Continue reading “Govt closely monitoring price, supply situation post GST implementation”

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SPORTS

Rahul Yadav, Arjun-Shlok advance to semi-finals of Russian Grand Prix

In Badminton, Indian men's singles player Rahul Yadav Chittaboina and men's doubles pair of Arjun MR and Ramch ...

Hockey World League: Japan beat India 2-0 in the Semifinal

Japan beat India 2-0 in a 5th to 8th placing match of the Women's Hockey World League Semifinal at Johannesbur ...

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OPEN HOUSE

Mallya case: India gives fresh set of documents to UK

AMN India has given a fresh set of papers to the UK in the extradition case of businessman Vijay Mallya. Ex ...