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Vaibhav Singh

Latest Posts by Vaibhav Singh

Impact of GST on Common Man

June 2, 2021 33342 Views 1 comment Print

France was the earliest country to initiate Goods and Services Tax or GST. At present, around 160 countries have imposed GST/VAT in some form or another. Some countries have VAT as the substitution of GST. Still, concept-wise, it is a destination-based tax imposed on the consumption of goods & services. GST  is a tax that […]

Analysis of Amendment in Rule 36(4) ITC Restrictions CGST Act 2017

May 30, 2021 5364 Views 2 comments Print

The Central Board of Indirect Taxes and Customs, on the recommendations of the GST Council, had released a notification (94/202-Central Tax) on December 22,2020 making a number of crucial amendments to the Central Goods and Service Tax Rules, 2017. The said amendments caused a disruption in the business community, who were worried that the amendment […]

Decoding GST on Cryptocurrency

May 28, 2021 8016 Views 2 comments Print

What is Cryptocurrency : A cryptocurrency is a type of currency which uses digital files as money. Usually, the files are created using the same ways as cryptography (the science of hiding information). Cryptocurrencies use ‘decentralized control’, which means that they aren’t controlled by one person or government. How does it Work : Cryptocurrency is a form of payment […]

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