The GST council has decided to waive off late fees for all taxpayers who have filed GSTR 1, if all refunds are filed by 10 January 2020. In its 38th meeting held today, the council has also extended the deadline for filing GSTR 9 for FY18 to 31 January 2020.
he Centre neither has the leeway to cut taxes nor it has space to hike Goods and Services Tax (GST) rates to increase revenue, according to Prime Minister's Economic Advisory Council (PM-EAC) Chairman Bibek Debroy.
In a pre-Budget consultation held with the Centre on Wednesday, state finance ministers pitched for more funds, relaxation in fiscal deficit target and settlement of pending Integrated Goods and Services Tax (IGST) payments.
New York – This week at the United Nations headquarters, three organizations came together to lay out their vision for a more sustainable textiles industry.
After a delay of over two months, the Centre on Monday released Rs. 35,298 crore as GST compensation to the states for the August-September period.
Vietnamese textile firms are witnessing declining orders as buyers are moving to cheaper developing countries, especially in Africa.