With the Goods and Services Tax (GST) Council initiated a major revamp of the indirect tax regime, the small industrialists in Punjab have expressed their unhappiness over the dual system of returns. They said the government has introduced a dual tax return filing system which is apparently not benefiting the traders. The traders having turnover of …
Continue reading "GST: Punjab traders cry foul over tax return system"
October 10, 2017The all-powerful GST Council on Friday made a 'reasonable headway' on supporting legislations for the new indirect tax regime but its rollout from April 1 looked virtually impossible as it postponed discussion on the critical issue of administration and control of tax payers. The panel, which met for the seventh time since the Constitutional Amendment …
Continue reading "GST Council makes headway on bills, stuck on taxpayer control"
December 23, 2016