GST

GST traders will find it difficult to comply with GST. What steps have been taken to reduce compliance burden for small traders?

No. No. This is what the Government has done :

 (a) GST is not required for small traders with turnovers below Rs.20 Lakhs

.  (b) A simple and easy-to-understand composition scheme is available for traders with turnover above Rs. 75 lakhs, where tax can be paid quarterly in proportion to turnover.

 (c) GST seva Kendras have been established in all Commisssionerates under CBEC in order to assist small traders who are subject to the GST law

(d) GST Network will provide an easy-to-use application for uploading invoice details. This will make it simple and hassle-free for traders to upload their invoices. 

(e) GST Network allows for online tax returns and payments. The interface with tax authorities will be minimal or non-existent.

 (f) Small taxpayers have the option to use the services GST practitioners for a minimal fee to ensure compliance with GST.

 (g) GST Suvidha providers (GSPs), will be offering easy-to-use applications that will allow for seamless compliance under GST

.  (h)  All officers must adhere to strict time limits. If all documents are in order, registration will be granted within 3 working days. If the appropriate officer does not respond within three days, registration will be considered granted. 

(i) The application for refund can be made online, with very little interaction with the tax officer. Receipt of refund claims will be sent within 15 days. The claim will then be processed within 60 days. If the claim is not processed within this time, interest will be charged. Without any verification, exports will receive a provisional refund of up to 90%. The beneficiary's bank account will receive the amount of the refund directly.


The statutory provisions of Anti-profiteering will kick in for what kind of instances?


State the functions of National Anti-Profiteering Authority.


Does Customer pay GST extra on maximum retail price (MRP) of goods?


Where the complaints of redresssal are filled ,if a consumer has been over-charged in name of GST?


What are the complaint redressal mechanism available to consumer if there is profiteering using the name of GST?


How to file complaint against profiteering?


For multiple Goods and services, Is one form sufficient?


To identify the cases of profiteering, what are the methodology?


What are the steps taken by the Consumer Affairs Ministry of the of Indian government in order to stop profiteering after applying the GST?


What can consumers do if shopping malls and retail shops are selling goods at pre-GST attached labels?


From the Anti -profiteering provisions, how can buyers of under-construction flats be benefited?


Can the Anti-profiteering Provisions be used to take action if the benefit of the transitional credit is not passed on to consumers?


For deciding cases of Anti-profiteering provisions, what are the time-frames?


What should a defendant ensure during the complaint to Screening /Standing Committee?


To justify its prices, a company may need to provide information that could be classified and might affect its business interests?


Where can someone access to the orders passes through NAA?


What do you mean by E-way Bill?


What is the E-way Bill common portal?


Define Consignment Value.


​Is tax included in the consignment value? Value may not be available in cases of movement that isn't by way of supply. What is the best way to value these cases?