Like existing provision of law every taxable person shall self-assess the tax in the Goods and Service Tax regime also. The tax departments don't have direct co..
In this paper we will try to examine the concept of supply, when it is considered supply and when the transaction is not considered as supply, time of supply and it�s valuation for the purpose of levy and collection of GST.
Arjuna (Fictional Character): Krishna, Honorable President of India has given ascent to the GST and so it seems that GST will come into force from 1st July 2017..
Currently a person may have different registrations under different indirect tax statutes like Excise Duty, Service Tax and State VAT/Sales Tax
How the Consumer Prices will increase after GST is explained in the Article.
E-Way Bill: A new concept for Transportation of Goods in GST regime: The Honorable President of India has already given his assent to four supporting legislatio..
All about Composition Scheme under GST
GST law deines goods to include actionable claims and hence there will be a tax liability on such items from the date GST comes into force. Hitherto it was not ..
Despite these anomalies, GST law brings certainty in taxation of Information Technology services. It shall be a great assistance to development of IT service se..
The section 51 of the GST Act makes provisions relating to Tax deducted at source.The essential ingredients are as follows : (a) Obtaining of Registration (b) ..