Need for simplification of GST compliances: CII

New Delhi, Jan 30 : Industry body Confederation of Indian Industry (CII) on Tuesday called for the need to simplify GST compliances and implementation. According to CII, simplification of GST compliances would result in higher number of returns filed, increased collection of revenues, and easier working capital management by trade and industry. “The GST network (GSTN) […]

GST slashed on 29 items, 54 services

New Delhi, Jan 18 : The Goods and Services Tax Council on Thursday decided to slash the GST rate on 54 services and 29 items, including old and used motor vehicles, public transport buses run on bio-fuels, sugar-boiled confectionery and packaged water, but could not finalise measures for simplification of the GSTN returns. The much-talked about […]