GST Articles

Inter state transactions under proposed GST

CA Neha Gupta 04 November 2015 at 10:42

How will Inter State Transactions be affected with the advent of GST? This is the basic question which is hovering over common man�s mindset these days.Will the situation be favourable or more adverse?

Opportunities unfolding for Chartered Accountants in GST

Madhukar N Hiregange 29 October 2015 at 10:49

The Government is committed to pass the GST bill in the winter session of parliament this year (2105). However considering the many stages post the passing of the bill of: recommendation of GST council, passing of model law in States, IT infrastructu

GST- Impact on Supply Chain Management

CA Gagandeep Singh Kochar 28 October 2015 at 10:40

India is all set to introduce a tax reform�the goods and services tax (GST). Apart from creating a unified market across India, GST will help make India�s manufacturing competitive by cutting high logistics and warehousing costs.A supply

Proposed GST Return - Salient Features

Manoj Agarwal 22 October 2015 at 12:33

Dear Tax Payer, Greetings of the Day!! The Joint Committee on Business Process for #GST has submitted it's Report on GST Return. The salient features for proposed #GSTReturn are as below:1. There will be common E-Return for CGST, SGST, IGST and A

GST and its impact on rollout

CA Neha Gupta 16 October 2015 at 11:07

TWhat is GST? GST refers to "Goods and Services Tax". It is an indirect tax which is levied on manufacture, sale & consumption of Goods & Services. All the indirect taxes which are levied at the nationa

Battle on GST: States vs. Centre

Pradeep Jain 10 October 2015 at 10:41

INTRODUCTION:-Goods and Services Tax (GST), the 122nd Constitutional Amendment Bill, 2014 tabled by Finance Minister Arun Jaitley has already passed in the Lok Sabha. However, due to conflicts between the States and Centre and the reason that the Cen

Indian GST from 2016! Is it all set?

Rakesh Garg 25 September 2015 at 10:57

INDIAN GST FROM 2016! IS IT ALL SET...by Rakesh Garg, FCA (Author & Consultant)The Monsoon Session 2015 of the Parliament is over; the Central Government has not yet given up its efforts, and hope is given to the industry that GST could still be

Basics of GST

CA Gagandeep Singh Kochar 12 September 2015 at 11:25

What is GST"Goods and Services Tax" would be a comprehensive indirect tax on manufacture, sale and consumption of goods and services throughout India, to replace taxes levied by the Central and State governments.GST is a tax that we need to

No Special Session on GST as the Parliament prorogue Monsoon Session

Bimal Jain 11 September 2015 at 12:01

Dear Professional Colleagues,No Special Session on GST as the Parliament prorogue Monsoon SessionThe Cabinet has decided not to call for a Special Session to pass the much-hyped and much-delayed Constitution (122ndAmendment) Bill, 2014 on Goods and S

Taxes to be subsumed in GST

CA Chitresh Gupta 06 September 2015 at 19:20

GST is commonly described as indirect, comprehensive, broad based consumption Tax. The Dual GST which would be implemented in India will subsume many consumption taxes. The objective is to remove the multiplicity of tax levies thereby reducing the co