Indian Tax Solution
New Delhi, April 18 (IANS) Road tax paid by automobile owners will not be subsumed under the GST (Goods and Services Tax), said Najib Shah, former Chairman, Central Board of Excise and Customs (CBEC), on Tuesday.
Shah disclosed this during his address to the managing committee members of the PHD Chamber of Commerce and Industry here.
Besides, Shah said that GSTN (Goods and Services Tax Network) systems will undergo trials for efficient tax collection.
Source : http://www.india.com
Unexpectedly high transitional input tax credit claims of Rs 65,000 crore by businesses is now a huge headache for the Govt
With the deadline for filing Goods and Services Tax (GST) returns for August coming to an end in less than 48 hours, only 8 lakh taxpayers have filed their GSTR-3B- a short summary return, at the end of Monday, said sources famili ...