President approves all four GST Bills
Casual taxable person means a person who occasionally undertakes transactions involving supply of goods or services or both in the course or furtherance of business
The aggregate turnover has been defined in section 2(6) of the Act as follows:(6) �aggregate turnover� means the aggregate value of all taxable supp
SCOPE OF EXEMPT SUPPLY UNDER GST Exempt supply is defined in section 2(47) of GST Act. (47) �exempt supply� means supply of any goods or services o
GST roll out may shift from July 1st to Oct 1st
This article details out the steps to be followed by SME's for smooth transition to GST regime
All About Composition (Lumpsum) Scheme under GST
The Goods and Services Tax (GST) regime came a step closer to meet its 1st July target of rollout, on 29th March 2017 with the Lok Sabha approving four supplementary legislations.
This article is based on the GST Bill 2017 which was released in public domain in last week of March 2017.
ITC is critical for the competitiveness for industry. trade and services.