As per the proposed plan, a lottery scheme shall be introduced to lure taxpayers to pay their GST. For the initial period, the GST panel shall hold daily and monthly lotteries for customers who indulge in a B2C transaction and take a copy of the bill after paying applicable GST.
New Tax Forms under GST | Penalties and Confiscation for Non Generation of EWB | GST Updates effective April 1, 2019 | IRIS Sapphire - Releases
1st April 2019, any person who is engaged in exclusive supply of goods and whose aggregate turnover in the financial year does not exceed forty lakh rupees is exempt from obtaining the registration under GST Act except for the following
CBIC mandates every registered person to specify Place of Supply with the name of State in tax invoice in case of inter-State supply
The provisions related to tax deducted at source, tax collected at source and reverse charge mechanism under GST have been deferred for another three months till Sept 30, 2018.
