The government’s decision to do away with mandatory goods and services tax (GST) annual audit requirements will help at least 10 million firms save audit fee worth about ₹30,000 crore annually, ...
GST audits commenced earlier this year and are being seen by the tax authority as an effective tool for ensuring the quality of the tax returns filed but it also does not want any overreach by ...
The fate of the Indian online skill-gaming industry is likely to be decided at the upcoming 50th GST Council meeting on July 11. In a move that is expected to help businesses as well as reduce ...
Small Goods & Services Tax (GST) assessees will not have tax officials paying them a visit for the first audit of annual indirect tax return. According to the Audit Plan for 2019-20, prepared by the ...
Adhia also said if bogus bills are not issued, then revenues would improve further in the coming months. The Goods and Services Tax (GST) helped expand the tax base and spurred compliance, finance ...
ISLAMABAD: The Commissioner, Inland Revenue has been authorized to conduct sales tax audit of any registered person. The FBR has explained sales tax audit through a circular issued on Monday.
The government may extend the last date of filing Goods and Services Tax (GST) annual return and audit report for the financial year 2019. The high-powered GST Council may take this decision soon, ...
https://www.thehindubusinessline.com/news/budget-2021-removing-gst-audit-will-be-retrograde-step-icai-tells-govt/article33803192.ece Copy The CA Institute has knocked ...
New Delhi, Jul 25 () The anti-profiteering authority has ordered audit of major e-commerce companies like Flipkart, Amazon and Snapdeal, to find out whether they have refunded the excess GST collected ...
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