GST is in the offing and there is a lot of doubt about it in the market as well as in mind of public. Industry preparedness is waiting for definite law.
This article series is the first of many parts based on the GST Bill 2017.
Seamless credit is at the base of an ideal GST. However the present law carries forward many of the diputed and litigation prone provisions.
Textile industry has been politically protected under Central Excise. GST implementation could adversely effect the SME - job workers and traders.
GST is in the offing and there is a lot of doubt about it in the market as well as in mind of public. Industry preparedness is waiting for definite law.
The Model GST Law proceeds on the basis that all businesses need to inculcate discipline and systematic approach and to that extent would deter one from opting ...
Exports would be competitive under GST
GST will throw up many challenges. Many benefits are also available but within a time limit.
Free and full credit of tax paid at earlier point is the key to success of GST. Maybe not to be?
The big eat the small. Under GST the death kneel for small businesses in the form of Composition scheme and elaborate return requirement if not in.