A majority of the 13,000-odd micro, small and medium enterprises (MSMEs) in Visakhapatnam are in dire straits as the Goods and Services Tax (GST) is being collected the moment they raise invoice whether or not they receive the amount from those who place the orders.
Source: a2ztaxcorp.com
Latest Posts in "India"
- India to Impose New Health and Security Tax on Tobacco Machinery, Amend GST Compensation Levy
- Punjab Trade, Tax Bodies Threaten Statewide Stir Over Delayed VAT, GST Refunds
- Briefing Document & Podcast: E-Invoicing and E-Reporting in India
- Meghalaya Extends VAT Exemption on Fruit Wine to 10 Years, Boosting Local Wine Industry
- Allahabad HC: Arbitrary GST Registration Cancellations Without Reasons Amount to ‘Economic Death’ for Businesses
