CA Shshank Saurav Goods and Service Tax – Understanding the legal and procedural requirements Background – Goods and Service Tax (GST) constitution amendment bill has... 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.
Would GST be able to infuse life in ailing economy?
Is GST only Hype and Hoopla or would it be able to give some boost of the economy? Would it be grindstone in neck of... Read More
GST Act- Harsh Proviso for Small Tax Payers- Would these be addressed
Most of the taxation laws provide simplified implementation procedures especially for small tax payers who generally neither have infrastructure or rich resources to afford professional... Read More
Tax Reform in India – Complexities Involved in GST
After the independence this is considered to be the highly significant tax reform, as it is something to deal with the third largest economy of... Read More
Model GST Bill, 2016 – Important Points to Know
The fate of the GST bill, and the related flutter and chaos, needs least introduction to any economical experts around the world. It is sensational... Read More
Subramanian Swamy’s 550cr loot comment sent a shockwave nationwide
Subramanian Swamy at his logical best– Swamy stated loan by IDFC to GSTN as a 550cr loot. Recently IDFC gave a loan of 550cr to... Read More
GST for Real Estate Sector – Discussing the Impact
The impact of the GST on various industries varies, and here are some of the features of GST for real estate sector. Goods and Service... Read More
Some Common Queries about Goods & Services Tax Answered
The introduction of Goods & Services Tax (GST) is going to be a remarkable step in the reform of indirect tax in India. Clubbing of... Read More
Do floating vessels or ships attract GST?
3 min read
The CESTAT , Mumbai in the case of Commissioner of Central Excise And Service Tax (LTU) , Mumbai vs. The Shipping Corporation of India Ltd.... Read More
The Provisions and arrangements of Tax deduction at source in GST
The Provisions and arrangements of Tax deduction at source, GST model law and their liability to deduct are explained below Tax Deduction at Source is not a... 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