12 Important Facts about GST – Goods and Service Tax
After applying the GST most of the person still confused from the important facts about GST. One tax one nation remove lot of tax burden from taxpayers.
News
Call ring-time: Trai mandates minimum call ringer duration of 30 seconds
Call ring-time: TRAI has fixed call ring time at 30 and 60 sec for mobile and landline, in case call is neither answered nor rejected by subscriber.
GSTN create messaging platform for buyers, sellers
Small businesses have been given a big facility to fill GST returns. Now, they can complete the process of filling GST returns with just one SMS to GSTN.
GST Council meet today; Hotel Industries, Auto Sectors, FMCG,
GST Council to hold crucial meeting on Friday; hotel, auto sectors, diamond industry pin high hopes and deemand to cut the high GST rates on these sectors.
Important facts – House Rent Agreement
A House Rent Agreement not only used for address proof but also used to claiming the TDS, apply for new gas connection, bank loan, buying new vehicle, etc.
Income Tax Department Will Provide Pre-Filled ITR Forms
Income Tax Department Will Provide Pre-Filled ITR Forms for his registered income tax users. After that it will be easily to fill an E-Return on ITR website
How to Register or Link Mobile Number with Aadhaar card
As per the Government directive, it is essential for all existing customers they have to register or link mobile number with Aadhaar card before Feb 2018.
Pre-GST Products with Old MRP to be Confiscated from October 1
The Pre-GST Products with Old MRP to be confiscated from October 1. Old priced stocks stock can not be sold, if found then companies stock can be seized.
Do Not Wait Till Last Date To File GST Returns
The GST Council gives one month extension to filing the return. You Don’t have to wait for the last day to file GST returns for your business.
GST Composition Scheme Obtain increase till 16 Aug
Under GST Composition Scheme if turnover less than the limit has to pay tax at a lower rate in respect to certain specified conditions.