Honest and Critical Take on the GST Law-Drawbacks of the GST Bill
Is GST LAW a messiah or a Satan? Let’s find out in an honest and critical take on the GST law. GST act passed on... Read More
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.
Is Your Business Prepared for Initial Teething Troubles GST will Bring Along?
GST may not working simple for reasons as Requirement of Multiple registrations; Onus of deposit on tax is on customer, Exempt customers also first to... Read More
GST- Important Events and Dates
3 min read
The Goods and Services Tax (GST) Bill has finally been passed that allows implementation of Goods & Services Tax. The Government is looking to implement... Read More
Penalty Provisions under GST Act as per Model GST Law
Penalty Provisions under GST (From Model GST Law) In GST law penalty provisions are harsher and stricter for tax evader. Taking the intention forward, the... Read More
Understanding Process to Register under GST Act
From a taxpayer point of view, registration under the GST regime will be the prime factor. The GST system, under its umbrella, would cover all... Read More
Will GST Bring along Inflation?- Yes, appears so
As India inches closer towards following the much-awaited unified tax system, Goods and Services Tax (GST), supposed to come into effect from April 2017, speculations... Read More
As GST gets implemented, what would be tax impact on ongoing Government Orders
As GST would get implemented effective 1st April 2017, the tax impact on the products is definitely going to the different. As the rates of... Read More
Need help in understanding GST Compliances- Relax, Government planning to start facilitation centers managed by GST Suvidha Providers
As GST regime is set to usher in, opportunities for finance professionals are set to grow. Much on the lines of licensing TRP (Tax Return... Read More
State Commercial Taxes Officials Plan Protest on 7th October as they feel their Duties and Growth would be curtailed in GST regime
As the Central Government is taking initiatives to educate the officers and have training sessions for them, the Commercial Tax Officers are upset with the... Read More
GST Rates by States to be discussed and finalized on October 18th Meeting
The First GST Council meeting held on 29th September 2016 was short lived and could only resolve certain area based exemptions, rules for registration of... Read More
Major Changes Expected in Direct Tax Code 2025 and why these matter 
Can an assessee pay House Rent to his parents and claim relief? Would there be any legal complications? 
Boost Your Business & Reduce Taxes: A Guide to Maximizing Benefits Under Section 80JJAA 
What is remedy to taxpayer if the Tax deductor fails to deposit the TDS or fails to file TDS Return