GST Articles

Taxability of software under indirect tax law and GST

Shivashish 13 July 2015 at 10:46

Information Technology (IT) industry has grown multi folds in last 2 decades in India. It is one of the most revenue generating sector for government, job creating sector for individuals.The taxability of Software/Solutions/Clouds has always been a l

ICAI must oppose GST in present form

CA Anil Garg 10 July 2015 at 10:50

Goods and Services Tax (GST) being implemented, is held out to be the biggest tax reform in India since independence. As an entrepreneur, I find it a complete farce and colossal waste of opportunity while still incurring huge cost of implementation t

Gearing up For GST - 2017?

Madhukar N Hiregange 06 July 2015 at 10:33

Gearing up for GST- 2017? CA Madhukar N Hiregange Backdrop:GST in India is expected to be a destination based consumption based levy. Destination principle would be applicable in normal course of bus

Dispute Resolution Council under GST

CA Pravendra Rana 9717036532 03 July 2015 at 10:45

�DISPUTE RESOLUTION COUNCIL� UNDER GSTWith the growth of digital economy a person concentrates his business activities not only in a particular State but spreads it throughout the country and even beyond that. Simultaneously, rapid impro

GST - Goods & Service Tax

CA SONIYA AGARWAL 30 June 2015 at 10:52

Presently Indian Economy has various taxes on Goods and services such as VAT, Service Tax, Excise, Entertainment Tax; Luxury Tax Etc so with coming of GST there shall be single Taxation System. GST is an integrated scheme of taxation that does not di

Basic of GST in India

Deepak Sethi 30 June 2015 at 10:51

GST (Goods and Service Tax)GST means Goods and Service Tax. It is an indirect tax levied on sale of goods and services. The reformists believe that GST is one of the most awaited law which upon introduced will boost the economic growth in the country

Present Taxation Vs. Expected GST - A Comparitive Analysis

Vishal Jain A 27 June 2015 at 17:30

IntroductionIndia has a federal structure of government where the powers are shared between the Central Government and the State Governments. At The taxes are levied by Central Government as well as State Government

A way forward to GST in India

CA Pravendra Rana 9717036532 26 June 2015 at 10:29

As, all we know that Taxes in India are levied by the Central Government and the State Governments. The authority to levy a tax is derived from the Constitution of India which allocates the power to levy various taxes bet

FM forms 2 Committees for facilitating implementation of GST from April 1, 2016

Bimal Jain 19 June 2015 at 10:37

Dear Professional Colleague,FinMin forms 2 Committees for facilitating implementation of GST from April 1, 2016Bracing to roll out the new Indirect tax regime � Goods and Services Tax (�GST�) from April 1, 2016, the Central Governme

Gateway to GST - 122nd Constitutional Amendment Bill, 2014

Vishal Jain A 08 June 2015 at 11:21

IntroductionThe Constitution of India is the foundation and source of powers to legislate all laws, including tax laws, in India. Parliament, as well as State Legislatures gets the power to legislate various l