GST Articles

Leakage of Indirect Taxes in Past - Suggested Measures to Plug in GST

Madhukar N Hiregange 24 October 2016 at 10:51

The Indian tax laws have evolved over period of time to become complicated due to the existence of the parallel economy, complicated laws, high rate of multiple taxation, large scale corruption in the State VAT administration and to a lesser extent i

Seamless Credit in GST - A Dream?

Madhukar N Hiregange 22 October 2016 at 12:10

Free and full credit of tax paid at earlier point is the key to success of GST. Maybe not to be?

GST - Composition - A dangerous Option

Madhukar N Hiregange 22 October 2016 at 12:10

The big eat the small. Under GST the death kneel for small businesses in the form of Composition scheme and elaborate return requirement if not in.

Understanding Model GST Law - Def. - Continuous Supply

Madhukar N Hiregange 22 October 2016 at 12:10

Under model GST law, tax is levied on the supply of goods and/or services. Tax, namely CGST/SGST is payable at the time of supply of goods and/or services.

Understanding GST Model law - Definition of Import and Export of goods

Madhukar N Hiregange 21 October 2016 at 12:48

The GST article series was started with the basic concepts, now on definition. Next would be the transitional provi

GST Council & GST rate slabs

Anandaday Misshra, Advocate 20 October 2016 at 10:54

GST Council is meeting from 17th - 19th October 2016 to finalise GST rate slabs, Cess & concessions alongwith compensation to various states

GST Council mulls four rate slabs and 14% revenue growth assumed for States

Bimal Jain 20 October 2016 at 10:53

GST Council mulls four rate slabs and 14% revenue growth assumed for States

Understanding GST Model law - Definition of Works Contract

Madhukar N Hiregange 20 October 2016 at 10:52

The GST article series was started with the basic concepts, now on definition. Next would be the transitional provisions (specified and left out) and ending up ..

Understanding GST Model Law - Definition of capital goods, inputs & input services

Madhukar N Hiregange 20 October 2016 at 10:51

The net cost of GST is after set off aginst credit- therefore important.

GST - A nightmare or a sweet dream

CA Ashish Garg 19 October 2016 at 11:14

Union Government has finally unveiled the Model Goods and Service Tax Law (MGL) for comments from Public and interested parties on 14th of June, 2016.