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GST Highlights 31st Jan. 2019 Patanjali dealer fined for not passing on GST rate cut to consumers The dealer further argued that he had only charged 5 per cent commission which he had been doing since before GST came to force, adding that he did not profiteer. A dealer of Patanjali Ayurveda has been held by the National Anti-profiteering Authority (NAA) for not passing on the benefits of duty reduction to his customers. The GST profiteering watchdog has asked the dealer to deposit the undue profit made with the Consumer Welfare Fund. The dealer has been asked to deposit Rs 6.06 lakh along with an interest of 18 per cent liable from the date this amount was realised by him from his customers till the date he deposits it in the Consumer Welfare Fund. [caption id="attachment_43" align="aligncenter" width="411"] Highlights of CGST Amendment Act, 2018 Changes will be effective from 1st Feb 2019 Proposal to encourage taxmen to file GST profiteering ...

Why GST E-book is better than a physical book - Goods and Service Tax (GST) is now more than a year old and is still a tough nut to crack for a lot many, be it the professionals or the industry experts. There is no denying the fact that the GST law is indeed complex but what is easy in culturally and demographically diverse country such as India. There are a lot of budding experts and intellectuals who are striving to wash away the various shortcomings that deter people to understand GST completely and easily. There are a lot of challenges which come in various forms that need to be sorted out for a better understanding and decoding of the GST law.A few of them that need sorting are as follows: Interpretational issues: The law is always made complex for a reason that only God knows! The same goes for GST as well. The pioneers of policy making and its interpretation have found it hard to find the correct and appropriate interpretation of a few provisions and sections of the GST law...

GST Implementation Support - Goods and Service Tax (GST) is not only a tax reform but is a reform to how business is conducted in India. GST is a win-win situation for the entire country. It brings benefits to all the stakeholders of Industry, Government and the consumer. It is a massive step towards redefining the ease of conducting business in India. It will create a business environment where tax credits will flow seamlessly and tax does not become a bottleneck in decision-making. readmore

To make law more clear, we provide you with the elaborative interpretation of law in this GST E-Book. For more details visit - http://www.lawcrux.com