Understand the Goods and Services Tax (GST) and its impact on businesses. Learn about GST rates, compliance requirements, and its role in simplifying taxation. Stay updated with the latest GST news and updates.
Goods and Services Tax : This Blog analyzes the consequences of GST on e-commerce businesses and the impacts of its tax policy, as well as compliance oblig...
Goods and Services Tax : Radhika Agarwal Judgment plays an important role for aligning and clarifying the procedures for arrest under the Customs and GST A...
Goods and Services Tax : Learn about India's GST Act, its structure, objectives, tax types, exemptions, compliance measures, and the role of the GST Counci...
Goods and Services Tax : February 2025 GST Case Law Compendium covers significant High Court and Supreme Court judgments on key GST issues. Orders issued u...
Goods and Services Tax : Explore India's evolving tax landscape, including GST reforms, AI-driven compliance, international tax treaties, green taxation, a...
CA, CS, CMA : Get the latest Income Tax and GST notifications, updates, and circulars from February 10 to 16, 2025, including ITR filing deadlin...
Goods and Services Tax : KSCAA highlights issues in GST registration, suggesting uniform SOPs, better verification, geocoding fixes, transparency, and supp...
Goods and Services Tax : Karnataka CA Association urges upgrades to the Professional Tax portal, addressing issues like OTP errors, payment glitches, and l...
Goods and Services Tax : West Bengal's GST share dropped from 4.6% in 2019-20 to 4% in 2024-25. Learn about factors affecting revenue, government measures,...
Goods and Services Tax : Government addresses GST exemption on health & life insurance premiums, forming a GoM for review. Key updates on current exemption...
Goods and Services Tax : Calcutta High Court allows rectification of ITC claims under amended Section 16(5) of WSBGST/CGST Act, citing new cut-off dates fo...
Goods and Services Tax : Calcutta High Court sets aside GST appeal dismissal due to delay, citing procedural lapses and judicial precedents. Read key case ...
Goods and Services Tax : Orissa High Court sets aside a GST adjudication order, citing non-consideration of the assessee’s reply. The case is remanded fo...
Goods and Services Tax : Calcutta High Court orders GST authorities to grant AGP Enterprise a hearing before adjudication, citing procedural lapses in sh...
Goods and Services Tax : Madras High Court quashes GST demand against R A Metal Finishers, citing violation of natural justice due to a non-speaking order ...
Goods and Services Tax : A Group of Ministers (GoM) is set up to evaluate the feasibility of a special cess under GST for disaster relief and recommend a u...
Goods and Services Tax : The GST Council reconstitutes the GoM on Revenue Analysis with new terms of reference to assess revenue trends, compliance, and po...
Goods and Services Tax : Rajasthan mandates virtual hearings for GST cases. Learn about the process, requirements, and compliance under the new guidelines ...
Goods and Services Tax : CBIC issues KYC compliance clarifications for couriers, reports on significant drug seizures, overvaluation cases, and announces p...
Goods and Services Tax : GSTN allows company directors to complete biometric authentication at any GST Suvidha Kendra in their home state. Read the latest ...
REPORT OF SUB-COMMITTEE-II ON MODEL GST LAW Empowered Committee of State Finance Ministers September, 2015 GOODS AND SERVICES TAX ACT, 2016 Government Has Released Model Draft of Proposed GST Act, 2016 and it Contains the following topics- PART – I
Will food products become dearer? Will Land and Real estate be kept under GST? Will Service providers be happy with GST? How Manufacturers would be affected? What’s going to be in case of Works Contracts? How Power and Telecommunication sector be adversely affected? What about International Trade? Whether it will be zero rated or taxed??
Advocate Anandaday Misshra Recently, Prime Minister of India, Mr Modi, during his trip to Singapore aired that GST is about to roll out in 2016 in India. This was a big statement, amidst various speculations and political changes in the country. The timing of the meeting between existing PM and previous PM Mr Manmohan Singh alongwith […]
The introduction of GST would be significant step in the reform of Indirect Taxation in India. Amalgamating Several Central and State Taxes into single tax would mitigate cascading or double taxation, facilitating a common national market. The simplicity of tax should lead to easier administration and enforcement.
With ‘The Winter Session of Parliament’ supposed to start from Thursday, 26 November, 2015, the Centre is reaching to the opposition parties to ensure passage of the Constitutional Amendment Bill on GST with mutual consensus. Let’s have a look at some of the changes that will come up with GST:
This article intends to analyse the payment process as proposed through the Business Process Report under the GST. At the outset, it can be said that the proposed payment process has been designed keeping in mind the modern business requirements with a peep into the future.
In the previous article, it was discussed in detail that what is meant by Principle of Destination and Origin Based Taxation and how they work. In this article I would dwell upon another key aspect of taxation i.e. Principle of Neutrality in Taxation. This principle is one of the key foundation principles alongwith the concept of destination based taxation upon which Goods and Services Tax has been implemented around the world.
Refund mechanism under GST: simplified and tech-based:-The report says that GST law shall provide for the cases in which refund claim can be filed. It states some of such cases as excess payment of tax by mistake, export of goods and services under rebate claim, refund of accumulated credit in case of exports, finalization of provisional assessment, refund of pre-deposit where the demand is dropped wholly or partly, refund of tax payment made by embassies or UN bodies, credit accumulation due to output tax being nil or concessional, etc.
जीएसटी अर्थात वस्तु एवं सेवाकर को देश का सबसे बड़ा क्रांतिकारी एवं सुधार का टैक्स बिल भी कहा जा सकता है। संभावना इसकी भी है कि जीएसटी के माध्यम से सरकार देश का काला धन की अर्थव्यवस्था के बड़े हिस्से को इस कर प्रणाली में शामिल कर देश में व्याप्त कालेधन पर अपनी पकड़ मजबूत बना लें।
CA Vinod Kaushik What is HSN code? As per Wikipedia the Harmonised Commodity Description and Coding System, also known as the HSN (Harmonised System Nomenclature) is an internationally standardized system of names and numbers to classify traded products. These codes are basically used to fix rate of tax on various products at the time of […]
