Posted On:  5 months ago


List of CBEC Officers to receive Presidential Award on Republic Day, 2018

Grant of Presidential Award of Appreciation Certificate to the officers of Customs & Central Excise on the eve of Republic Day, 2018

article author One Roof Consultant

Posted On:  5 months ago


GST Practitioners

Section 48 of the CGST Act provides for authorisation of an eligible person to act as approved GST practitioners. A registered person may authorise an approved GST practitioner to furnish information, on his behalf, to the government.

article author One Roof Consultant

Posted On:  1 year ago


Composition scheme under the GST

The word ‘composition’ comes from the Latin componere, meaning "put together". It is a feature of Indirect Tax laws that in order to provide a comfort to assessee from complying with the requirement of paying tax on value addition by maintaining detail of ‘inputs’ and ‘outputs’, a option is provided to go for a put together scheme.

article author KUNAL BUDHRAJA

Posted On:  1 year ago


FAQs on Overview of Goods and Services Tax (GST)

It is a destination based tax on consumption of goods and services. It is proposed to be levied at all stages right from manufacture up to final consumption with credit of taxes paid at previous stages available as setoff. In a nutshell, only value addition will be taxed and burden of tax is to be borne by the final consumer

article author One Roof Consultant

Posted On:  1 year ago


FAQs on Registration under Goods and Service Tax

As per Section 22 of the CGST/SGST Act 2017, every supplier (including his agent) who makes a taxable supply i.e. supply of goods and / or services which are leviable to tax under GST law, and his aggregate turn over in a financial year exceeds the threshold limit of twenty lakh rupees shall be liable to register himself in the State or the Union territory of Delhi or Puducherry from where he makes the taxable supply.

article author One Roof Consultant

Posted On:  2 years ago


Does the attempt to cover excise goof-up in States counts out all Union territories from CG's power to levy Indirect taxes to meet GST Deadline??

Explanation issued by CG in light of Section 19 to rescue its power to levy indirect tax might cover up the states but it counts out all the union territories.

article author Akhil Gupta

Posted On:  2 years ago


FAQs on Registration as per Goods and Service tax (GST)

Registration under Goods and Service Tax (GST) regime will confer following advantages to the business: Legally recognized as supplier of goods or services.  Proper accounting of taxes paid on the input goods or services which can be utilized for payment of GST due on supply of goods or services or both by the business.  Legally authorized to collect tax from his purchasers and pass on the credit of the taxes paid on the goods or services supplied to purchasers or recipients.

article author CA Chirag Chauhan

Posted On:  2 years ago


FAQs on Overview of Goods and Services Tax (GST)

This article provide an overview about Goods and service tax, various concepts relating to GST. It clarifies the concept of destination based tax on consumption, which taxes will be replaced by GST

article author CA Chirag Chauhan

Posted On:  2 years ago


Understanding Goods and Service tax

The taxation system in India is composed of various taxes on different activities and governed by various Tax Laws and Regulations. The taxes are levied on various types of activities such as manufacturing, trading, services, imports etc., In indirect tax structure the ultimate bearer of tax is not the person, who is paying the tax but the end users or customers who are using various products and services. The Indirect Tax Structure includes following taxes;

article author CS Deepak Pratap Singh

Posted On:  2 years ago


Valuation of Supply of Goods and Services Under GST

Various Methods of valuation of Goods and Services under GST

article author CS Deepak Pratap Singh

Posted On:  2 years ago


The Finance Bill 2016 And Budget Speech by Arun Jaitely - Union Budget

Budget Speech 2016 by Finance Minister Arun Jaitely Minister of Finance February 29, 2016

article author CA Chirag Chauhan

Posted On:  3 years ago


GSTN- How far is privatization justified?

Introduction- Already so controversial bill of Goods and Service Tax (GST¬¬) had another controversy attached to it when The Empowered Committee (EC) of State Finance Ministers decided to incorporate Goods and Services Tax Network (GSTN), a Section 25 (not-for-profit), non-Government, Private Limited Company to provide IT infrastructure for implementation of GST. The main objective associated with formation of GSTN was creation of database. It will keep record of all the assessees and would connect the databases of the centre and all the states thereby comprising a large amount of sensitive and critical information. Along with providing a common portal to all the assessees associated with GST, it would also prove to be a beneficial platform for all the stakeholders. In this piece of diction, the authors have tried to put a light on the pros and cons of privatization of GST Network.

article author CA PRADEEP JAIN

Posted On:  3 years ago


1% Additional Levy: Where is it heading us?

Goods and Service Tax (GST) has been a topic of debate in the recent past. With the NDA government looking firm to bring in the GST, the members of Rajya Sabha still have a number of objections to raise, and for their very reasons. Finance Minister Arun Jaitley has been strongly contending that the implementation of GST would remove cascading effect of taxes thereby making way for a business-friendly economy.

article author CA PRADEEP JAIN

Posted On:  3 years ago


Roadmap to GST and Opportunity for CA

A brief right up on GST Act.

article author Sidharth Gupta

Posted On:  3 years ago


Brief on Indian GST (Goods and Service Tax)

GST Shall be a transformation in the indian economy

article author LGopal Shah

Posted On:  3 years ago


GST model in India

The article details out the modalities of the much awaited Goods and Service Tax (GST) regime, proposed to be implemented in India next year

article author Shreyas Sangoi

Posted On:  3 years ago


All about Goods & Service Tax (GST)

Goods & Service Tax

article author CA Kapil Goel