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Implementing GST break for two months proving to be a 'nightmare' for businesses
Canadian businesses are about two weeks away from having to scrap some of the tax they charge customers, but many have already realized that's no easy feat.
GST break could be a 'nightmare' for businesses
Since the federal government announced it will waive the GST on some toys, takeout meals and other goods sold between Dec. 14 and Feb. 15, businesses across the country have been trying to figure out how to implement the request that falls smack in the middle of their busiest season.
GST holiday will be a ‘nightmare’ say small business owners
Small business owners say the federal government's plan for a two-month GST holiday will not only be a huge headache but will also cost them thousands of dollars.
5h
on MSN
GST rates must be increased to boost revenue kitty, need for compensation will go down, says former CEA
The Goods and Services Tax Council must consider raising rates of the indirect tax levy, which would help improve tax ...
The Canadian Press on MSN
4h
The GST holiday could start on Dec. 14 in Canada
The Liberals’ GST holiday bill is one step closer to becoming law after it was passed by a majority of the House of Commons ...
12h
Liberals table a GST holiday bill, $250 rebate cheques punted for now
The Liberal government has introduced a bill that would bring in a promised GST holiday starting next month — but it doesn't ...
Channel Zero
3h
GST holiday tax break faces opposition before senate vote
The Liberal party's proposed GST tax break bill is one step closer to becoming law after a day of debate at Parliament Hill.
7h
Liberals, with NDP support, pass two-month GST break for consumers
The Conservatives and Bloc Québécois dismissed the policy as a gimmick and voted against the measure, which is expected to ...
48m
Liberals, NDP pass bill to enact 2-month GST holiday in House of Commons
The House of Commons has passed legislation that will remove the federal sale tax for two months from a range of items, ...
money.rediff
5h
GST Simplification: Ex CEA Subramanian Calls for Reform
Former Chief Economic Adviser Arvind Subramanian calls for simplification of India's GST regime, highlighting excessive tax ...
Daily
3h
Cipla slapped with Rs 53L GST penalty for alleged TRAN-1 credit misuse, plans legal challenge
Mumbai: Drug major Cipla Limited has disclosed that the Office of the Principal Commissioner of Central Goods & Services Tax ...
Niagara
38m
Trudeau’s holiday sales tax break for Canadians gets approval. Here’s when you’ll start saving the GST and HST
The Liberal’s proposed tax break was voted on in the House of Commons on Nov. 28 and was approved with support from the NDP.
Tax Guru
2h
Importance of GSTR 9 and 9C in GST – Pronounced by Judiciary
Summary: GSTR 9 and GSTR 9C are crucial components of GST compliance, consolidating annual business transactions and ...
6h
on MSN
GST e-invoicing: GSTN releases list of 5 approved mobile apps for fast verification of GST invoices, easy input tax credit claim
New advisory by GSTN in respect of availability of five official apps for e-invoice verification. Experts say that these apps ...
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