Since there were key amendments in the original draft of the GST Bill that was passed in the Lok Sabha last year, the GST Bill is, once again, sent back to the ..
It becomes essential to re-look into structure the business and location depending upon the assessment of implication of GST on each type of transactions.
Goods and Services Tax (“GST”), is the biggest indirect tax reform since independence, which is aimed at dismantling Inter-State barriers to trade in goods and services by subsuming a slew of around 17 indirect taxes viz. Excise Duty, Ser
We are now at the horizon of the Constitutional Amendment and passage of the GST bill, which are now in its final stages. By far, the GST amendment will be the biggest step the country has taken in ensuring economic integration. While the draft law
On Wednesday 3rd August 2016, the RajyaSabha set the stage for the rollout of a uniform Goods and Service Tax with The Constitution (122nd Amendment) Bill.Pursuant of the journey of long awaited tax reforms, the ratification of Constitutional Amendme
The proposed GST law is the most important reform towards creating a single market in India. It can help to boost the India's GDP growth by 1 to 2 percent
The GST philosophy was based on seamless credit not only of all taxes but all taxes used for business without restriction. This is not so.
Collecting taxes before they are due is unfair to tax payers- practice continued under GST
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