In order to pull the plug on GST evasion, the government is working on a mechanism wherein businesses with a turnover exceeding a particular amount will have to generate electronic invoice either on a government portal or on the Goods and Services Tax (GST) portal.
New Delhi: India on Thursday further extended its June 2018 order to impose retaliatory tariffs on 29 US products by another 14 days till 16 May as it awaits a final word from the US on its decision to withdraw duty free benefits to Indian exporters.
Goods and services tax (GST) collection touched a record high in April, exceeding Rs 1 trillion for the third time in four months. The mop-up was 10 per cent higher over the previous year.
The total gross GST revenue collected in the month of April, 2019 is Rs 1,13,865 crore, said an official release on Wednesday.
Stoll is set to exhibit latest textile machinery at ITMA 2019, in hall 8.0, booth D201. The textile and garment technology exhibition will be held from June 20-26, 2019, Barcelona, Spain.
Revenue from goods and services tax (GST) witnessed 10% growth from the year-ago period at ₹1.13 trillion in April, the highest ever since the implementation of the indirect tax system on 1 July 2017, the finance ministry said on Wednesday.