GST Articles

Whether the Commissioner can revise original assessment order u/s 20(3) of the APGST Act?

Posted by RENGARAJ R.K 09 August 2013 14009 Views

Introduction: The Hon'ble High Court of Andhra Pradesh recently held in Agarwal Industries Limited, Hyderabad Vs The Commissioner

GST - Fate of GST Tax rate structure

Posted by CA Subhash Bhaskar 01 June 2012 33474 Views

Dear Friends/Colleagues In my previous article I shared my knowledge about the levy and chargeability of GST. In this article I am sharing with you about the rates of GST that will be applicable in future. In this regard there has been the differe

GST - Levy/Chargeability

Posted by CA Subhash Bhaskar 21 May 2012 24007 Views

Dear Friends As we all know that the biggest indian tax reforms till date is going to be implemented in the coming future i.e. GST "Goods And Service Tax". In this move the roadmap for GST implementation has been made and ready to implemen

Ups and downs in GST

Posted by Nagesh Bajaj 07 November 2011 8916 Views

In our previous article we had discussed about the issues which are coming in the way of the rolling on the GST. Among these issues, the major one is the Veto Power. The earlier draft was rejected by the states in the meeting of the

IT Infrastructure - A Priority for GST

Posted by Nagesh Bajaj 31 October 2011 14893 Views

The Centre and States recently arrived at a broad consensus on rolling out independent India's biggest tax reforms that will simplify the manner in which corporates, small enterprises and traders will be levied taxes on goods and services. But t

Challenges of GST

Posted by Nagesh Bajaj 19 October 2011 22767 Views

The actual challenge before the Finance Minister is not of drafting a model GST but of its proper implementation and smooth transition from the prevailing system. The challenges which the Government has to face in introducing GST are as follows:

IGST Model - An Innovative Idea

Posted by Nagesh Bajaj 19 September 2011 22889 Views

The First Discussion Paper produced by the Empowered Committee of state Finance Ministers has come out with an innovative way to deal with inter-state transaction of goods and services. The forthcoming GST will be dual in nature and will be levied o