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Goods and Service Tax (GST) related News, Articles and Information

Basic knowledge of GST

Goods and services Tax (GST)

The Goods and Services Tax (GST) implementation is around the corner in India. It is expected to be applicable from 1st April 2017. In this connection, a series of articles will be posted here. Hope this helps. Which of the existing taxes are proposed to be subsumed under GST? The ...

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FAQs on Goods and Services Tax (GST)

Working example of IGST Model

Question 1.What is GST? How does it work? Answer: GST is one indirect tax for the whole nation, which will make India one unified common market. GST is a single tax on the supply of goods and services, right from the manufacturer to the consumer. Credits of input taxes paid ...

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All you need know about draft GST Act, 2016

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What is GST? Why is there a need for this bill? The Goods and Services Tax bill, touted to be India’s biggest tax reform, will simplify the current system of taxation. The bill will convert the country into a unified market by replacing all indirect taxes with one tax. Quite ...

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10 changes expected from GST

10 changes expected from Goods and Services Tax

  I have listed about 10 changes which may happen on introduction of Goods and Service Tax (GST) in India. Hope this helps.   Answerable to two departments – Presently, those who are providing services have to file returns with Service Tax department and those who are selling goods have ...

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Status of GST in India as of December 2014

Status of GST in INDIA- Dec 2014

  Nothing wrong in tracking one of the most talked tax reforms in India ie Goods and Service Tax. This is the second article [Earlier Article: basics of  GST the biggest tax reform in India] on this topic in our blog. We will continue to write about this topic regularly. This article ...

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