ASSESSMENT UNDER GST Chapter XII of the model GST Act provides the procedure for assessments under the GST regime. The following types of assessments are... Read More
GST
All about Prosecution of offenses under GST
4 min read
The draft model of GST prescribes the offenses and penalties in Chapter XVI which deals with 21 offenses in section 66 along with the penalty... Read More
Cross-linking Income Tax Act and GST
2 min read
Model GST Law, specifically Section 25 speaks about the furnishing details with respect to outward supplies. Further, Section 26 speaks about furnishing of details with... Read More
Complete Guide for GST Registration Process- how to enroll, documents required etc explained
3 min read
Who Needs to register for GST, How to Register; Registration Process and how to sign GST Documents electronically As the government inches closer towards implementing... Read More
Snapshot of GST Composition Scheme
2 min read
GST aims for covering a larger number of individuals and by keeping the threshold exemption limit of 10 Lakhs a lot of people will come... Read More
The GST model promises to bring about a better tax structure in the country but how will it impact the various sectors – still remains... Read More
Here we talk about one of the many aspects i.e. Input Tax Credit (ITC) as a part of the Model GST Law that has been... Read More
Goods and service tax- a unified tax that subsumes various existing taxes and instead only once tax is levied would have different impact on various... Read More
Some Highlights of GST Council Meeting
3 min read
Some Significant Highlights of GST Council Meeting No reduction in man power under new GST regime The use of technology and transfer of excise and... Read More
Presently, works contracts involve three types of taxable activities. As such, different aspects of such activity can be taxed as per different statutes. As the... Read More