GST Articles

Payments under GST - Business Process

Posted by Madhukar N Hiregange 05 November 2015 8716 Views

Introduction:The Joint Committee has submitted its report on various business processes in April 2015 and it was made public in October 2015. The report on GST payment process deals with aspect

Draft registration procedure of GST - There is a scope for improvement

Posted by Pradeep Jain 05 November 2015 9100 Views

Introduction-�Sincere� is the word when combined with the word �Effort� makes the road to success as smooth and reliable. Such sincere efforts are being made by the Central Government for paving the path to Good and Services T

Inter state transactions under proposed GST

Posted by CA Neha Gupta 04 November 2015 18148 Views

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

Posted by Madhukar N Hiregange 29 October 2015 39930 Views

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

Posted by CA Gagandeep Singh Kochar 28 October 2015 20720 Views

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

GST and its impact on rollout

Posted by CA Neha Gupta 16 October 2015 17279 Views

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

Posted by Pradeep Jain 10 October 2015 34684 Views

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?

Posted by Rakesh Garg 25 September 2015 18663 Views

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

No Special Session on GST as the Parliament prorogue Monsoon Session

Posted by Bimal Jain 11 September 2015 8081 Views

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

Posted by CA Chitresh Gupta 06 September 2015 13552 Views

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