Let us not be concerned about such small scale evasion where cost of monitoring does not justify the recovery. However, such billing if carried out on large scale would get detected when returns are filed for the month of June. Where unusual turnover would be noticed, the returns can be taken up for scrutiny. more
This is our character . Government can do what it can . Government has neither will nor resources to stop malpractices so rampant in our trading community. The Government must force a deadline to submit June sales invoice numbers so that these practices can be curbed. Do we know that all GST or VAT paid by us reach government ? I have grave grave doubt. more
How? I thought gst is applicable to goods purchased by retailers after 01 Jul. For goods purchased earlier they have to be sold at earlier rates with earlier taxes and separate return filed for them! And if the goods are purchased after 01 Jul, it can't be shown as purchased earlier since then there will be mismatch in returns of retailer and wholesaler from whom the retailer purchased. more
Water Purifier industry is almost a semi scam Mis-selling, fear mongering by both trade and brands. And looting in the name of service Aquaguard, Kent, Pureit are all the sam...
abolition of gst on mediclaim is a long standing demand.for some reason if the govt.is unable to abolish the same they can reduce the rate,alternatively exempt the policies of senior citizens from ...
Govt shows great effort to help sr citizens by listing in ayush maan bharat. PM talks of jan seva shops for cheaper medicines. Then why 18%GST is being levied on mediclaim installments.
Banks Have To Provide 3 Days Grace Period From The Due Date and if u make the payment within these 3 days late fee and interest has to be reversed. Attached RBI circular and link
Mediclaim policies,are increasing day by day.on line policies are also available.big market and big business.Due to frauds in hospitals, companies ChaNged rules. Main problem is that agents wh...
As a broadband/optic fiber internet service subscriber, are you facing network issues ? I've been facing internet black out periods due to service provider issues. Though they resolve it in a ...
In China these electric scooters cost as little as $300 that would be equivalent to approximately 25000, whereas in India it starts from 1lakh; what's the reason?
Has anyone returned items on Tata cliq? I returned some items for a size mismatch and they decide they won't refund it for a 'quality issue'. No more details. I have shopped on myjio, Amazon, Myntr...
Currently, GST (28%) + Cess (15%) on hybrid cars is 43%. Nitin Gadkari Transport Ministwr has urged to slash the GST to 12%, leading to GST (12%) + Cess (15%) =27%. So hybrid...
Recently, one of my colleagues had to be hospitalised and thereafter undergo physiotherapy in a center. The physiotherapy center was insisting on cash payment for amount which was ruuming into thou...
By Padmanabhan G
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