The GST Mitra

                Trinamool promises toprobe demonetisation, review GST The  Trinamool Congress  on Wednesday released its manifesto for the 2019  Lok Sabha  polls, promising to review GST and probe the demonetisation exercise of 2016 by a  Supreme Court  judge, if it came to power at the Centre after the  Lok Sabha  polls. The manifesto, released by party supremo and West Bengal  Chief Minister  Mamata Banerjee, promised employment for students, youths, and minorities, ensuring economic security and livelihood of farmers and bringing the unorganised workforce under a social security network, besides women empowerment. Detailing the main 12 points in the document, she said it was targeted at the electorate in her state. Banerjee exuded confidence of the non-BJP opposition parties coming to power after the 2019 general elections, and said the government then would be formed on the basis of a common minimum programme (CMP) in which her party would pitch for including the

                            GST anti-profiteeringauthority finds Kerala-based distributor                                  guilty of profiteering Rs 32,926 GST anti- profiteering  authority has found Kerala-based distributor  Win Win Appliances  guilty of  profiteering  Rs 32,926 by not passing on GST rate cut benefit to customers. A complaint was filed with the  Kerala  State Screening Committee on Anti- Profiteering  against  Win Win Appliances  for not reducing the price of mixer-grinder commensurate with the reduction of the  goods and services tax  (GST) from 28 per cent to 12 per cent with effect from November 15, 2017. The respondent, in its defence, said he was a distributor of the  product  which was sold under the brand name ‘Butterfly’. It said the  product  was being sold at the price fixed by the manufacturer — M/s Butterfly, Gandhimathi Appliances Ltd. During the investigation, the  Directorate General  of Anti Profiteering found that  Win Win Appliances  had

                                 GST INVOICE In this blog, we will discussthe following things ü   what is Goods and Service Tax ü   Types of taxes before GST ü   Benefits of GST ü   Types of GST Invoice Before GST Invoice one should know about the Goods and Service Tax (GST) Whatis Goods and Service Tax? GST In India, it is the biggest tax in which levied on goods as well as services and it will subsume under the GST. GST: In India it is the biggest applicable all over the country (except J&k and it are also referred to as “One Nation One Tax”. A single product is taxed at the same rate in every corner of the country except Jammu & Kashmir this system under. What is GST Invoice? GST invoice is a document which is supposed to contain all the relevant details of a business transaction and both the parties involved. It must comprise of the product name, description, quantity, details of the supplier and the purchaser, terms of sale, the rate charg

                            What is Goods and Service tax Penalties? Good And Service Tax or GST: In India, it is the biggest applicable all over the country (except J&k and it are also referred to as “One Nation One Tax” and a single product are taxed and it will be the same rate in every corner of the country but not in Jammu & Kashmir this system under. Being a destination based, transaction wise tax, Goods and Services Tax or GST, ropes in strict compliance procedures for all the taxpayers or people falling under the gamut of the same. To have a crystal clear movement of goods intra-state or inter-state, reduce corruption and efficient tax collection system, GST defines strict penalty rules and offenses guidelines, which the taxpayers have to follow. There are twenty-one (21) set offenses have been identified under the GST regime. There is one more offense which can be penalized that of availing composition scheme, even if the person is not liable for doi

                    Following topics, we will discuss inthis blog (GST Registration) ü What is an E-way bill under GST ü Who should generate E-way bill under GST ü Time of issue E-way bill ü Advantage and disadvantage of E-way bill under GST ü   How to generate e-way bill under GST What is an e-way bill under GST? E-Way Bill is the short form of Electronic Way Bill and this document is a unique document or bill, which is electronically generated for the specific movement/consignment of goods from one place to another place, either intra-state or inter-state and of value more than INR 50,000, required under the current GST regime. According to the latest update on 23rd Mar 2018, Generation of the e-Way Bill under GST has been made compulsory from 1 st  April 2018.                                                                                                                                            Who should generate an e-Way Bill under GST? E-way B

            Following topics, we will discuss inthis blog (GST E-commerce operator under GST) ü   What is GST ü   What is an E-commerce operator under GST ü   Who should generate E-commerce operator under GST ü Types of GST applicable on E-Commerce Sales ü Advantages/Benefits of E-commerce operator under GST What is Goods and Service tax or GST? Goods and Service Tax (GST) In India, it is the biggest tax in which levied on goods as well as services and it will subsume under the GST. Good And Service Tax or GST: In India, it is the biggest applicable all over the country (except J&k and it are also referred to as “One Nation One Tax” and a single product are taxed and it will be the same rate in every corner of the country but not in Jammu & Kashmir this system under. What is an E-commerce operator under GST? “Electronic commerce operator is every person who, owns, operates or manages the digital or electronic facility or platform for electronic com