GST Articles

What is GST?

Posted by Anandaday Misshra, Advocate 03 August 2015 14287 Views

What is Goods & Service Tax � As Per Supreme Court of CanadaWhat is GST?The Supreme Court of Canada in a case of Reference re Goods and Services Tax had explained as to what is Goods & Service Tax .The important excerpts are reproduced

GST: Hyped are the merits, hidden are the threats

Posted by Pradeep Jain 01 August 2015 21113 Views

Introduction:-The Goods and Services Tax (GST) is the most awaited reformation in the indirect tax structure of India which is planned to be implemented w.e.f. April 1, 2016. It has been the most happening topic in the parliament since December 19, 2

Indian model of GST

Posted by CA MOHIT SINGHAL 31 July 2015 24770 Views

Generally, GST consist three prime models:-1. Central GST-(CGST)2. States GST-(SGST)3. Dual GST� Non concurrent dual GST� Concurrent dual GSTCGST: - Under this option, the two levels of government would combine their levies in the form of a

GST rate - an unresolved issue

Posted by CA Chitresh Gupta 30 July 2015 7167 Views

One of the crucial issue for successful implementation of GST relates to the determination of the GST rate. Since the GST is primarily intended as an exercise in reforming the consumption tax in India and not an e

The Constitution(122nd amendment) Bill,2014 on GST

Posted by Sourav Yadav 27 July 2015 8482 Views

As we all know that the govt. is keen on reforming the indirect tax regime in the country. Now why do I use the term ?reform??? I use it because it is going to completely change the way Indirect taxes are levied in our country. It is going to smoothe

Highlights of Report on the GST Bill by Select Panel of Rajya Sabha

Posted by Bimal Jain 27 July 2015 4885 Views

Dear Professional Colleague,Highlights of Report on the GST Bill by Select Panel of Rajya SabhaWith the first day�s proceeding of the Monsoon session of the Parliament getting distressed, the Select Panel of the Rajya Sabha had submitted its Re

What is GST and its benefits?

Posted by CA MOHIT SINGHAL 25 July 2015 24521 Views

Introduction:GST stands for �Goods and Services Tax�, and aimed at creating a single, unified market that will benefit both corporates and the economy. It is an indirect tax that will lead to the abolition of all other taxes such as octro

Fate of GST bill in Rajya Sabha

Posted by Bimal Jain 23 July 2015 9308 Views

Fate of GST Bill in Rajya Sabha: Clouds of dissonance on the ongoing Monsoon sessionThe much talked about Goods and Services tax (�GST�) Regime has been creating a buzz amongst all, eagerly waiting for the monsoon session of the Parliamen

Key features of GST

Posted by CA Chitresh Gupta 23 July 2015 21460 Views

GST Knowledge Series#2Goods & Service Tax � Key FeaturesIn continuance of our earlier series titled GST Knowledge Series# 1, Understanding the Mechanics of Goods & Service Tax, we have discussed the basic DNA of Goods & Service Tax

GST Era Pushes Indirect Excise Duty On Textile w.e.f 17th July 2015

Posted by Anandaday Misshra, Advocate 22 July 2015 6121 Views

The era of Goods & Service Tax (GST) has started with three notifications on 17th July 2015. The idea is to check the breaking of chain for the purpose of GST.It is pertinent to note that more or less , similar and/or same proviso has been insert