India / Business
GST: Late Filing allowed for..
178 days ago

Goods and Service Tax (GST) bill will be launched officially on the midnight of June 30th in a grand event in New Delhi. Union Minister Arun Jaitley revealed that all the companies will be allowed to file the returns for the first two months as they need to adapt a new online filing system. The hotel rooms costing upto 7,500 will come under the 18 per cent slab on Goods and Services Tax. Late returns of two months will be permitted informed Jaitley. The Goods and Services Tax will require traders to file three online returns each month.

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