The CBIC is planning to introduce a monetary limit for issuing GST demand notices to reduce unnecessary disputes and avoid notices on flimsy grounds. The board will release instructions to field ...
The Goods and Services Tax (GST) in India is an indirect tax that has replaced many previous indirect taxes such as excise duty, VAT, and service tax. GST is levied on the supply of goods and services ...
The Central Board of Indirect Taxes and Customs (CBIC) is working on a mechanism to introduce a monetary limit for issuing GST demand notices, in a bid to reduce unnecessary disputes and avoid notices ...