Tag: GST compliance
Posted in Economy
GSTN issues advisory on new Invoice management system
The centre will introduce significant changes in the invoice management system under goods and services tax, allowing taxpayers to keep records of credit and debit…
Posted in GST
Carpet industry welcomes GST compliance ease, but raises concerns over tax on finished products
Manufacturers of handmade carpets and floor coverings have welcomed the recent reduction in the Goods and Services Tax (GST) rate from 12% to 5%. They…
Posted in GST
GST compliance: Ease of GST compliance: Still a distant dream
India’s biggest tax reform, the Goods & Services Tax (GST) was introduced on 1 July 2017. The journey of GST in India has been a…