GST

Goods and Services Tax (GST) details, news, judgments and opinions on this category. GST is a consumption tax levied on the supply of goods and services within India. It’s a unified tax system that replaced multiple indirect taxes, simplifying the tax structure. The GST rate for a product category can vary based on its classification and government policies.

GST is levied by both the central and state governments. The specific rate applied depends on the nature of the transaction.

The GST rate is also applicable to online sales of products in this category. E-commerce businesses must comply with specific GST regulations, including the collection of GST from customers and remitting it to the government.

Complete Guide for GST Registration Process- how to enroll, documents required etc explained 3 min read

Complete Guide for GST Registration Process- how to enroll, documents required etc explained

Skumar 8 years ago

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

Snapshot of GST Composition Scheme

Sourav 8 years ago

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

GST Model’s effect over E-commerce sector 5 min read

GST Model’s effect over E-commerce sector

soutrikjoy 8 years ago

Electronic commerce or E-commerce has now turned into a growing trend in the business world. Basically, it evolves with buying and selling of good and... Read More

What impact will GST have on the restaurant sector? 2 min read

What impact will GST have on the restaurant sector?

Akanksha 8 years ago

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

GST Council declares 4-tier GST Rates from 5% to 28% 2 min read

GST Council declares 4-tier GST Rates from 5% to 28%

Akanksha 8 years ago

After so much hustle bustle, the GST Council declares 4-tier GST Rates ranging from 5% to 28%. The GST council that consists of the Finance... Read More

Credit Mechanism for input tax credit under model GST Bill

Key aspects of Input Tax Credit under Model GST Law 6 min read

Key aspects of Input Tax Credit under Model GST Law

Akanksha 8 years ago

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

Distributors may be negatively affected by GST

Impact of GST on Whole Sale Business, Distributors and Traders 3 min read

Impact of GST on Whole Sale Business, Distributors and Traders

Manager 8 years ago

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 Highlights of GST Council Meeting

Akanksha 8 years ago

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

Works contracts and its relation with Goods and Services Tax

Taxation of Works contracts under Goods and Services Tax 4 min read

Taxation of Works contracts under Goods and Services Tax

Baisakhi Ganguly 8 years ago

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

Analysis of GST Model, Forms to be Filed and the Due Dates for Filing of Returns under GST 7 min read

Analysis of GST Model, Forms to be Filed and the Due Dates for Filing of Returns under GST

Akanksha 8 years ago

Analysis of Model of GST Existing Indirect Tax Structure NEW GST Model This Act may be called the Central/State Goods and Services Tax Act, 2016... Read More

GST

Complete Guide for GST Registration Process- how to enroll, documents required etc explained

Snapshot of GST Composition Scheme

GST Model’s effect over E-commerce sector

What impact will GST have on the restaurant sector?

GST Council declares 4-tier GST Rates from 5% to 28%

Key aspects of Input Tax Credit under Model GST Law

Impact of GST on Whole Sale Business, Distributors and Traders

Some Highlights of GST Council Meeting

Taxation of Works contracts under Goods and Services Tax

Analysis of GST Model, Forms to be Filed and the Due Dates for Filing of Returns under GST

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