GST Articles

GST rate recommended at 17-18%

Bimal Jain 05 December 2015 at 15:42

CEA led Panel recommends RNR at 17-18% and eliminating Additional Tax of 1% on inter-state supply of goodsBracing to roll out the new Indirect tax regime � Goods and Services Tax (�GST�) from April 1, 2016, the Central Government on

How key sectors will be affected with GST rollout?

CA Neha Gupta 03 December 2015 at 12:35

Will food products become dearer? Will Land and Real estate be kept under GST? Will Service providers be happy with GST? How Manufacturers would be affected? What�s going to be in case of Wo

Refunds w.r.t service exports under GST

Madhukar N Hiregange 02 December 2015 at 10:55

By CA Madhukar N Hiregange & Adv.K.S.Naveen Kumar Prelude: Export refunds are often a subject matter of dispute and bone of contention between the exporter and the tax department in the context of indirect taxes in India. While the policy of th

Understanding Goods and Services Tax # 1: Historical Background for implementation of GST in India

ARPIT HALDIA 01 December 2015 at 12:24

Goods and Services Tax i.e. GST has been in the news for numerous reasons during the last decade be it the game changing concept in

Goods & Services Tax (GST): Revenue Neutral Rate of Tax

CA. Rajvir Bhatnagar 27 November 2015 at 11:55

Introduction of GST is an important step in the direction of much awaited tax reforms. With the passage of the Constitution Amendment Bill, 2014 for in May, 2015, Government is now all set to implement Goods and Services Tax (GST) by April 2016, subj

How GST play a significant role in economy

priya garg 26 November 2015 at 11:45

ROLE IN ECONOMYAs we already know about GST which will be implemented in India from Year 2016 expectedely and Replacing the Existed taxes levied by Central and State Governments. So it will be vary important for us to know about its important in Econ

General impact of GST

CA Neha Gupta 26 November 2015 at 11:44

GENERAL IMPACT OF UPCOMING GSTWith �The Winter Session of Parliament� supposed to start from Thursday, 26 November, 2015, the Centre is reaching to the opposition parties to ensure passage of the Constitutional Amendment Bill on GST with

Proposed refund process under GST

Pradeep Jain 17 November 2015 at 11:56

PROPOSED REFUND PROCESS UNDER GST � HAPPINESS ON THE WAY TO EXPORTERS IntroductionGoods and Services Tax (GST) is said to be the most awaited indirect tax reform of India since independence.

Registration Process under GST

Madhukar N Hiregange 13 November 2015 at 10:48

A. Prelude:The success of GST would depend to a large extent on a robust GST Network as it will be the medium of sharing information between the tax department and tax payers and one of the impo

Proposed payment process under GST - New & improved

Pradeep Jain 07 November 2015 at 13:05

Introduction-Report of The Joint Committee on Business Processes for GST� has already been circulated and views have been sought from people at large for suggesting improvements thereupon. This report is divided into three parts namely G