GST News

The Constitutional Amendment on GST will create a common Indian market says economic survey

31 January 2017 at 13:44

Economic Survey: The Constitutional Amendment on GST will create a common Indian market, improve tax compliance and governance and boost investment and growth. The Economic Survey states that the world GDP is expected to grow because of a fiscal stim

Posted in GST | 5166 Views

Most of the issues have been resolved in GST says FM

12 January 2017 at 10:59

On demonetization, Finance Minister Shri Arun Jaitley says that difficult decisions initially pass through difficult phases as historic decisions have temporary pain attached to them. Stressing the implementation of GST, FM says that most of the issu

Posted in GST | 1 comments | 8547 Views

Nobody should think that tax evasion is acceptable says FM

27 December 2016 at 11:06

Finance Minister: There is a need for move towards a mindset of voluntary compliance and payment of legitimate taxes should be considered as part of the process and nobody should think that tax evasion is acceptable; Payment of due tax is a responsib

Posted in GST | 8046 Views

Report Card on GST Implementation

15 December 2016 at 11:39

Report Card on GST Implementation; Government of India lost no time in implementing the GST so far; Discussions in GST Council have been very cordial and all decisions till now have been taken by consensus; Members of the Council are participating in

Posted in GST | 1 comments | 13548 Views

ICAI invites suggestions on revised Model GST Law

03 December 2016 at 12:11

Your feedback / concerns and suggestions received on Model GST Law were communicated and as can be seen many amendments are due to the suggestions made by us. CBEC has now released revised draft Model GST Law in the public domain. The same can be vie

Posted in GST | 5226 Views

Revised Model Draft GST Law, IGST Law and GST Compensation Law Released by CBEC

26 November 2016 at 15:12

Draft Model GST Law, Draft IGST Law and Draft Compensation Law placed in the public domain for information of trade, industry and other stake holders. The Draft Model GST Law, Draft IGST Law and Draft Compensation Law which would be considered by the

Posted in GST | 12561 Views

GST bill to be presented in Winter session of Parliament

16 November 2016 at 11:50

PM urges Parties to work together to change negative perception of people about politicians PM calls for discussion on the State funding of elections and the simultaneous polls Finance Minister says Government was fully prepared for withdrawal of hi

Posted in GST | 2 comments | 4800 Views

FAQ for GST enrolment

08 November 2016 at 16:50

Overview of Enrolment1. Who is an existing taxpayer?An existing taxpayer is an entity currently registered under any State or Central laws, like Value Added Tax Act, Central Excise Act and Service Tax Act.Existing taxpayers include taxpayers already

Posted in GST | 7 comments | 32292 Views

Govt working on target date of 1st April 2017 for GST roll out

01 October 2016 at 12:08

FM: Government is working on a target date of 1st April, 2017 for the roll out of the Goods and Service Tax (GST) in the country. The Union Finance Minister Shri Arun Jaitley said that the Government is working on a target date of 1st April, 2017 for

Posted in GST | 1 comments | 7977 Views

Presentation by CBEC on GST

28 September 2016 at 10:48

PRESENTATION PLAN Why GST : perceived benefits Existing indirect tax structure Features of constitution amendment bill Features of proposed GST model Features of draft GST law GSTN Role of CBEC Way forwardPFA the enclosed attachment to view the prese

Posted in GST | 1 comments | 10395 Views