What are the advantages if GST will be applicable in India? what about income tax . if gst will come into force in India then there will be no income tax, no sales tax and no excise and no service tax . plz anyone experts can clarify me in details so I can understand full concept

dear all, please help me for GST rule, accouning treatment, taxation etc.. waiting for your reply..

suggest favourable and in favourable conditions to be faced in relates to chartered and cost accountants of India in the matter of Goods and Service Tax yet to introduce in India.

In excise unit separate premise have to be maintained with various registers to be maintained to avail modvat credit. For small to medium manufacturer where trading activity is also involved it is difficult to maintain all the records.
If GST is implemented will there be any change in record keeping for excise units.

Please advise regarding the same.

Sir,

Please explain about GST in India

Dear experts it is said that GST will subsume almost all indirect taxes, whether GST will be a threat to the Professionals or it will expand the scope of the professionals in future.

When the GST will applicable to CA exams?

Sir, we are manufacturer of any item, in which we are printing MRP Rs. 10.

ITEM NAME : PAPER BAGS (TARIFF HEADING 48194000)

I want to know that can we sale this item in lower price (Basic i.e. Rs. 5)to any distributor.

NOTE : WE ARE ALSO REGISTERED IN EXCISE.

Thanks.

Hello Experts,

Packing material (Woven Fabric Bags) purchased against form H for use in export of goods. Supplier charged BED @ 12.50%.

We are not registered under excise rules as we are a trading firm.

What will be treatment of BED? can we claim refund/credit for the same

Thanks in advance

kindly tell me the best book on GST for students which thoroughly make us understand what GST is all about and how the manner in it will work.