Zomato gets GST demand order of ₹23.26 crore for FY 2018-19
The demand order has been received in respect of excess availment of input tax credit and interest, penalty thereon, the company said in an exchange filing.
Source: livemint.com
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West Bengal Chief Minister Mamata Banerjee meets PM Narendra Modi
Many important issues were discussed between the two leaders, including the outstanding GST payment to the state, for which the Prime Minister also assured to find a solution.
Source: sentinelassam.com
GST paying companies alert! Changes in monthly GST payment form GSTR-3B? GST Council to decide next week | Economy News
The move would help curb the menace of fake billing, whereby sellers would show higher sales in GSTR-1 to enable purchasers to claim input tax credit (ITC), but report suppressed sales in GSTR-3B to lower GST liability.
Source: india.com
Majority of small businessmen want taxman to waive off late fee on GST payment: Survey
Majority of small businessmen want taxman to waive off late fee on GST payment: Survey SECTIONS Share Synopsis About 89% small businesses want the government to allow GST payments for March - May without late fee and interest till June 30th, 2021, a LocalCircles survey said Sunday. Agencies Most micro entrepreneurs and traders still are on a paper-based system where manual interfacing between them and their accountant takes place to finalise GST details and thereafter an electronic payment is made between the business owner and the accountant and the accountant pays the final GST to the Gover...
Source: indiatimes.com