GST Articles

GST - Fate of GST Tax rate structure

Posted by CA Subhash Bhaskar 01 June 2012 33477 Views

Dear Friends/Colleagues In my previous article I shared my knowledge about the levy and chargeability of GST. In this article I am sharing with you about the rates of GST that will be applicable in future. In this regard there has been the differe

GST - Levy/Chargeability

Posted by CA Subhash Bhaskar 21 May 2012 24014 Views

Dear Friends As we all know that the biggest indian tax reforms till date is going to be implemented in the coming future i.e. GST "Goods And Service Tax". In this move the roadmap for GST implementation has been made and ready to implemen

Ups and downs in GST

Posted by Nagesh Bajaj 07 November 2011 8918 Views

In our previous article we had discussed about the issues which are coming in the way of the rolling on the GST. Among these issues, the major one is the Veto Power. The earlier draft was rejected by the states in the meeting of the

IT Infrastructure - A Priority for GST

Posted by Nagesh Bajaj 31 October 2011 14896 Views

The Centre and States recently arrived at a broad consensus on rolling out independent India's biggest tax reforms that will simplify the manner in which corporates, small enterprises and traders will be levied taxes on goods and services. But t

Challenges of GST

Posted by Nagesh Bajaj 19 October 2011 22770 Views

The actual challenge before the Finance Minister is not of drafting a model GST but of its proper implementation and smooth transition from the prevailing system. The challenges which the Government has to face in introducing GST are as follows:

IGST Model - An Innovative Idea

Posted by Nagesh Bajaj 19 September 2011 22894 Views

The First Discussion Paper produced by the Empowered Committee of state Finance Ministers has come out with an innovative way to deal with inter-state transaction of goods and services. The forthcoming GST will be dual in nature and will be levied o

GST: Delay in Implementation

Posted by Nagesh Bajaj 12 September 2011 19623 Views

In 2006, the UPA Government announced that a comprehensive GST would be launched on 1st April, 2010 and it was

GST and its Dependency on IT Infrastructure

Posted by Nagesh Bajaj 07 September 2011 13024 Views

IT infrastructure will be one of the basic requirements for successful implementation of Goods and Services t

Tax Administration in GST Regime

Posted by Nagesh Bajaj 02 September 2011 16286 Views

The scheme of GST should be supported by a strong tax-administration infrastructure for its optimum s

GST - Challenges & Opportunities

Posted by R Ganesh 01 September 2011 35529 Views

CHANGING PHASE OF INDIRECT TAXES - CHALLENGES AND OPPORTUNITIESIn the era of the major reform and development taking place in our country, India, the tax reforms is and has been the key to have the change of track in the economic growth of the countr