Articles by Madhukar N Hiregange

Connection Between VAT, Central Excise, Service Tax & GST

Posted by Madhukar N Hiregange 27 November 2018 8738 Views

The GST law is a mixture of the old indirect tax laws to a great extent. There are many provisions which are not as per the old provisions of VAT, Central Ex...

Some thorny issues in Tax credits in GST - Need for Govt to reform

Posted by Madhukar N Hiregange 06 November 2018 12350 Views

The credit provisions under GST is an amalgam of the Cenvat Credit provisions with some aspects of ITC borrowed from VAT. The cross credit between State and...

Use Friendly Model for GST- April 2018

Posted by Madhukar N Hiregange 16 October 2018 10040 Views

The thorny problem of simplifying the returns and taking the best out of the revenue model (comprehensively cover the parallel economy) to get maximum tax and...

Disputes in GST - How to Avoid?

Posted by Madhukar N Hiregange 07 October 2018 5658 Views

GST compliance would be important for any tax compliant entity. In this year of a changing law ( 260 Notifications, 1000s FAQS, Twitter, numerous circular)one...

Practicality of Reimbursement deduction in GST

Posted by Madhukar N Hiregange 06 September 2018 11855 Views

The tug of war of the revenue to include every cost incurred by the supplier in the value of goods and services and the efforts of tax payers seeking out ded...

50 Practical Issues and Possible Solutions - E-way bills under GST

Posted by Madhukar N Hiregange 21 July 2018 45337 Views

Introduction: The free movement of goods across India without any checkposts in between

Understanding 'Aggregate Turnover' in GST

Posted by Madhukar N Hiregange 12 July 2018 23377 Views

GST is a new evolving law applicable to all types of business - trade manufacture or service. It could also apply to those who ar

Classification & Exemption in GST - Importance & How to?

Posted by Madhukar N Hiregange 10 July 2018 15832 Views

Importance of ClassificationThe revenue department could object to the rate adopted or exemption

GST - Educating and Training Stakeholders

Posted by Madhukar N Hiregange 08 July 2018 6583 Views

The success of GST would largely depend on how the resistance to change which is inbuilt in humans is dissipated. The ethical needs and ground realities of ...