Mysuru: Implementing the Goods and Services Tax (GST) has been beneficial for the hotel industry, said Senior Chartered Accountant (CA) B.V. Mahesh. Speaking at a GST awareness programme organised at the Hotel Owners’ Association Office in Krishnamurthypuram, Mysuru, recently, he noted that while the hotel industry falls under the service sector, it was previously subject…
Mysuru: The Goods and Services Tax (GST) system has strengthened and stabilised the country’s economy, said Giridhar, Deputy Commissioner of the GST (Goods and Services Taxes) Department. He urged traders to diligently upload the taxes collected from customers to the GST portal to ensure compliance and efficiency. Speaking at an awareness workshop held at JSS…
Mysore/Mysuru: Following the decision of Goods and Services Tax (GST) Council to impose 28 percent GST on full value of bets placed in horse racing, a decision has been made to file a writ petition at the Supreme Court (SC). The decision was taken during a meeting chaired by K.M. Chandre Gowda, the Chairman of…
Mysore/Mysuru: Sri Jayachamarajendra PU College had organised a seminar on Goods and Services Tax (GST) on Jan.1 at Dav School Auditorium. In order to educate students about the intricacies of GST, the Department of Commerce, SJPUC had organised the seminar. N. Sachidananda Murthy, Chairman, SJET, R. Anand, Secretary, SJET, S.T. Thimmaraju, Academic Director, SJET and…
Mysuru: A city-based industrialist has been arrested by the GST (Goods & Services Tax) authorities on charges of tax fraud this morning. Anil Mehra, 59, proprietor of Spectra Pipes in Hootagalli Industrial Area, is the one who is arrested. Anil Mehra is said to have earned an Input Tax Credit of Rs. 7.5 crore, by…
Mysuru: “GST is not merely tax reform, it is business reform as well,” opined D.P. Nagendra Kumar, Principal Chief Commissioner, Central Tax, Bengaluru. He was speaking during an interaction session on GST organised by CII Mysuru – Finance and Taxation Panel at Hotel Southern Star here recently. “Earlier, apart from multiple taxes we had huge…
Mysuru: Goods and Services Tax (GST) is designed to create one economic India by providing level playing field for consumers and producers across the country, said former Chief Commissioner of Central Excise and Customs, Mysuru Zone, S. Rajkumar. Speaking as the chief guest at the historic GST Day organised by the Office of the Principal…
Mysuru: With the Goods and Services Tax (GST) coming into effect from midnight today, it’s raining discounts at many of the showrooms across the city to clear the inventories. Shopaholics were seen making a beeline to the shops at the main shopping areas to purchase clothes, shoes and electronic items. Some of the shops are…
Bhavani Associates has organised a half-day interaction on ‘Time and place of Supply – Its meaning, scope, value under Goods and Services Tax (GST)’ on Saturday (Feb. 11) at 2.15 pm in Cauvery Hall, Karnataka State Open University (KSOU), Mysuru. The interaction will be with D.P. Prakash, Deputy Commissioner of Commercial Taxes (Audit), Bengaluru. Vijaya…
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