do you know that in Gurgaon GST department 10 % is the flat call rate for refund of the Input tax to the exporters. What a shame to the system, Finance Minister and the PMO with CM haryana. more
Mr. Mohan Mittal, I am not politicising the tax issue which is already in the political domain for the past so many decades. Right from the stage of tax policy to the procedure of collections to the posting of man power the taxes are managed by the bhakt bureaucrats and their masters in the political governance. I loudly say, baring a few exceptions, the biggest contributor to political leaders and parties are from the trade and business which is not possible unless the tax managers and the police are hands in gloves. I loudly say this, whether you and Mr. Satish Shenoy agree or not. I am saying all this with personal experience. more
Time limit for making Refund Application A person claiming refund is required to file an application on the GST Portal in Form GST RFD-01 before the expiry of two years from the “releva...
Car is a fixed asset , it depreciates. If you sell a used car either you make profit or loss. Hence it should be subject LTCG/STCG tax only if you make profit. How is selling a used car misco...
The GST hair splitting over Popcorn is but a symbol of how theGovt has spectacularly failed in taming the bureaucracy. In 2014 when this Govt came to power they promised to make simpler laws. And t...
Govt consdiering: Recommendations to increase GST on Tobacco and Tobacco products to 35% from 28% Aerated Beverages GST also expected to rise to 35% Govt may consid...
GST office dont make any gate pass , no security checks . Is this to facilitate people to walk in with cash and gifts for officials. What happens if terrorist gets in .
Indian taxation is truly hell, the average Indian gets paid 20x less than average westerner but pays 10x more for essentials like laptops while 50x for cars. This is literally butchering the middle...
According to my husband, Corruption in GST starts from registration itself now. Getting told it's impossible to get it done in Delhi without a bribe. You get a query for more docs with t...
You can get a rate card for everything in gst office Registration 10k Assessment where no tax payable 15 k Refunds 4% This is what a friend is saying. LC Manager must esc...
Nephew had applied for GST cancellation a couple of months back but continues to receive notices from GSTN for failure to file monthly return. His accountant tells him that GST office will not proc...
7 years post the launch of GST I must tell you that most retail services businesses in India still evade it and Govt has failed to do anything. From ac repair fellow to caterers and from...
By Sudesh Rai
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