GST Articles

GST-It must be better late than never!!

Pradeep Jain 20 October 2010 at 11:35

Prepared By:CA Preeti Parihar andCA Rajani ThanviIntroduction:- “Continuity gives us roots; change gives us branches, letting us stretch and grow and reach new heights.” How truly it has been said. The change is the need of time, change i

Tax Rates in GST regime

Member (Account Deleted) 04 October 2010 at 10:57

Goods and Service Tax is by far the most important tax reform of independent India, but today we stand at less than 7 months away and even tax rates have yet not finalized. There seems to be no consensus among Centre and States on this subject. Ch

GST, SSIs, Exemptions

Omprakash Jain 13 September 2010 at 14:52

We should be aware that taxes are collected only to give services to the public and their life upliftment & overall development of the country. The taxes collected by govt is spent on welfare of the people. If by giving certain exemptions, this

SSIs Under GST Regime

CA Anil Garg 07 September 2010 at 16:21

Several exemptions are being afforded as a matter of necessity so much that GST is being opposed by SSI units for fear of losing their excise exemptions. Author believes that all exemptions from indirect taxes are unproductive and hence, worthy of

Development of IT infrastructure must before GST

Amit Bajaj 25 August 2010 at 11:50

Goods and Service tax (GST) is the most talked about topic in the field of indirect taxation today in India. Everybody is keenly waiting for the proposed GST draft which will replace the existing system of VAT in India. The central government wants t

Now we may get a new deadline for GST-1st April 2012

CA Sudhir Halakhandi 23 August 2010 at 11:54

NOW WE MAY GET A NEW DEADLINE FOR GST- 1ST APRIL 2012CA SUDHIR HALAKHADIThe extended deadline of GST i.e. 1st. April 2011 is now coming very near and the fact is that still the centre and the states are not agree on even the draft of the Constitutio

Administration in GST-Moving Upstairs or Downstairs

Pradeep Jain 23 August 2010 at 11:54

ADMINISTRATION IN GST – MOVING UPSTAIRS OR DOWNSTAIRS Prepared By: CA Pradeep Jain, CA Preeti Parihar and Sukhvinder Kaur, LLB [FYIC] Introduction: “Too many cooks spoil the broth” perhaps this would have been in the thoughts

GST - A boon or Bane

Omprakash Jain 21 August 2010 at 15:53

GST – A BOON OR BANE Everybody in the country is talking about the GST and everywhere it is said that GST will increase our GDP, boost our economy, etc., but at what & whose cost? There are a number of serious disadvantages of this syste

GST updates By CA Sudhir Halakhandi

CA Sudhir Halakhandi 18 August 2010 at 11:51

GST UPDATES BY CA SUDHIR HALAKHANDI 1. 17TH AUG 2010 Knowledge Hub How GST will work in Our Country? In India the states and Centre are agree on Dual GST in which a single transactio