News

The Central Board of Indirect Taxes and Customs (CBIC) has streamlined the GST registration process, mandating a 7-day ...
CBIC has issued new instructions to reduce the compliance burden during GST registration by limiting unnecessary document ...
Industry leaders push for permanent GST cuts, dedicated tourism minister, increased immigration to support Canada’s tourism ...
Your business will need to register for GST if your annual turnover is $75,000 or more. You have a choice to register or not ...
GST: From April 1, 2025 restaurants inside hotels will have to charge 18% GST from customers instead of 5% previously if the ...
The American Institute of CPAs asked officials in the Treasury and the IRS for changes in the final regs governing generation ...
For example, the arithmetic mean of the numbers ... Then, take the root of the sum equal to the number of values within that dataset. To calculate the geometric mean of the values 4 and 9 ...
It will also boost the number of new homes ... In Ontario and BC, for example, government charges account for almost a third of the price of a new home. One of the biggest government-added costs is ...
The 19th report of Parliament’s Public Accounts Committee (PAC) is appropriately scathing in its criticism of the Goods and Services Tax (GST ... In one striking example, the PAC cites 2,447 ...
Proper reporting of credit notes in forms like GSTR-3B ensures alignment with GST regulations, making them a critical aspect of tax management. 1. Meaning of Credit note: It will be issued for ...
If successful, an Acknowledgement Reference Number (ARN) for the application will be generated. You will receive this ARN via email and SMS within the next 15 minutes to confirm the completion of the ...
For example, if you are filing GSTR-3 for the month of September ... outlining the information that must be reported accurately under GSTR-3. Enter the 15-digit GST Identification Number (GSTIN). If ...