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Such designations can be ambiguous; for example, "CST" can mean China Standard Time (UTC+08:00), Cuba Standard Time (UTC−05:00), and (North American) Central Standard Time (UTC−06:00), and it is also a widely used variant of ACST (Australian Central Standard Time, UTC+9:30). Such designations predate both ISO 8601 and the internet era; in ...
Indian Standard Time (IST), sometimes also called India Standard Time, is the time zone observed throughout the Republic of India, with a time offset of UTC+05:30. India does not observe daylight saving time or other seasonal adjustments. In military and aviation time, IST is designated E* ("Echo-Star"). [1]
The GST replaced existing multiple taxes levied by the central and state governments. It an indirect tax (or consumption tax ) used on the supply of goods and services. It is a comprehensive, multistage, destination-based tax: comprehensive because it has subsumed almost all the indirect taxes except a few state taxes.
India uses only one time zone (even though it spans two geographical time zones) across the whole nation and all its territories, called Indian Standard Time (IST), which equates to UTC+05:30, i.e. five and a half hours ahead of Coordinated Universal Time (UTC). India does not currently observe daylight saving time (DST or summer time).
UTC−08:00 (Zone 4 or Northwest Zone) – State of Baja California UTC−07:00 (Zone 3 or Pacific Zone) – States of Baja California Sur, Chihuahua, Nayarit, Sinaloa and Sonora UTC−06:00 (Zone 2 or Central Zone) – Most of Mexico UTC−05:00 (Zone 1 or Southeast Zone) – State of Quintana Roo: Time in Mexico: Chile: 3: UTC−06:00 ...
[44] [45] Example: if Goa has collected a total GST revenue (intra state transaction - seller and buyer both are located in same state) of ₹ 100 million (US$1.2 million) in January, then the share of central government (CGST) will be ₹ 50 million (US$580,000) and the remaining ₹ 50 million (US$580,000) will be a share of Goa's state ...
From 1 May 2018 onwards Ministry of Finance of Government of India started releasing monthly GST revenue collection data via official press release through Press Information Bureau. And to further improve transparency Government of India started issuing state-wise monthly collection data from 1 January 2020.
Any other capacity building activity as may be assigned by CBIC from time to time, besides carrying out normal administrative and establishment functions. NACIN has signed a memorandum of understanding with the National Law School of India University in Bengaluru to award postgraduate diplomas in business laws to the officer trainees. Recently ...