The recent developments with respect to Goods & Services Tax (GST) has considerably raised hopes of its implementation in India by April 2017. The Constitution amendment bill for framing the law for setting up the Goods and
We observed instances of non-submission of various prescribed returns by the assessees. Non-submission of returns would hinder the department’s ability to verify the duty paid by assessees, correctness of valuation, availing of Cenvat credit,
Government has released the draft of amendments which it will carried out in GST Constitution Bill as agreed by it during its meeting with Various Political Parties on the same. These amendments will be presented in Rajya Sabha today alongwith GST bill for consent of Members of Rajya Sabha and once
