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GST COMPLIANCE FOR TRADERS
CAIT seeks further GST simplification, says monthly collections have risen sevenfold since rolloutTraders' body CAIT seeks simpler GST rules. Tax collections have surged since 2017, but ground-level compliance remains difficult. More sim...- Choosing a crypto exchange in India? Read this firstWith fees, security and ease of use all up for scrutiny, WazirX makes a strong case for being the everyday trader’s go-to platform in India...
- UPI or no UPI, traders must pay GST, say authorities, promising to make GST registration smoothThe department issued a detailed statement responding to reports that sections of traders have stopped accepting payments through the UPI a...
- GST on pre-packed labelled food items to increase traders' compliance burden, raise prices: CAITCAIT Secretary General Praveen Khandelwal said that to protest against this decision of the GST Council, the traders' delegation will meet ...
- Commercial markets across India to remain shut on Feb 26: Traders' body CAITTraders' body CAIT on Thursday said all commercial markets across the country will remain closed on February 26 in view of its 'Bharat Band...
- CAIT urges FM to defer rollout of Rule 86B in GSTThe Central Board of Indirect Taxes and Customs has introduced Rule 86B in Goods and Services Tax (GST) which restricts use of input tax cr...
- Traders pitch for simpler GSTHalf of the seven crore small businesses in the country can be brought under the indirect tax regime if its procedures were made simple, th...
- India Inc hails GST Council's decision to allow quarterly return filingThe decision to allow quarterly filing for businesses with a turnover of up to Rs 5 crore is being lauded.
- India Inc hails GST Council's decision to allow quarterly return filingThe move will benefit 93 per cent of the GST registered taxpayers. However, they will have to, however, pay taxes monthly.
- GST made doing business easier for traders: Finance Minister Arun JaitleyHe further said that the two structural reforms -- GST and demonetisation -- will benefit the economy in the medium and long-term.
- As Congress talks of GST flaws, BJP says don’t play politicsCongress finance ministers will demand structural and architectural changes in GST, including rationalisation of tax slabs and concessions ...
- GST ratings will help you know how genuine your trader isThe tax compliance rating, that'll be on the lines of credit rating of companies, will be done automatically and displayed on the web porta...
- Gujarat cloth markets shut on day 2 of stir against GSTCloth markets in major Gujarat cities, including Surat, Ahmedabad, Bhavnagar and Rajkot, remained shut in protest against five per cent GST...
- CAIT releases white paper on GST to educate tradersCAIT has also launched a 'Digital Rath' to educate small businesses and the trading community on adoption of digital payments.
- Traders want ombudsman for redressal of GST grievancesCAIT also sought the first two years post the GST rollout from July 1 to be declared as a transition period.
- GST Clinics to help traders in smooth transitionThe GST Clinics will be held in offices of trade associations, HDFC Bank branches or markets easily accessible to traders.
- GST preparedness among small businesses major challenge: CAIT"The basic challenge is that at a time when everything will be routed through digital technology under GST, how will the large number of tr...
- GST to rate taxpayers, businesses on payment record, make ratings publicEvery businessman will be rated based on their track record, and the ratings will be made public. It will spell trouble for those with low ...
- Too many tax slabs will distort GST: CAITA panel headed by Arvind Subramanian had suggested 17-18% as the standard GST rate, one that would apply to most goods.
- Traders against proposed GST; say it is more complexWith the government hopeful of passing Constitutional amendment bill on the GST in the forthcoming Parliament session, traders are opposed ...
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