This update seeks to highlight the changes made in the Revised GST Law as compared to the old GST Draft with respect to provisions relating to input tax credit ..
Whether GST migration is mandatory for all existing dealers having turnover is less than threshold limit 20L/10L?
The matter is subject to finality before the Apex Court. But many banking companies are not paying tax and making appropriate provision for this probable liability. It was expected that the Government might bring clarity on this transaction under GST.
This update seeks to highlight the changes made in the Revised GST Law as compared to the old GST Draft with respect to provisions relating to input tax credit
We will discuss the changes and consequences in schedule IV and V.
IntroductionGoods and Services tax (GST), which is often known as a historic reform, is now around the corner. After president Pranab Mukherjee gave his assent..
A. MANDATORY REGISTRATION: The person who is crossing the proposed threshold limit. (i.e. the aggregate turnover in a financial year exceeds Rs.9 lacs/ Rs.5 la
In this update, we will discuss the changes and consequences in schedule III.
Schedule II prescribes such transactions which will be deemed to be supply of goods and services.
Many changes have been made in the revised draft GST law in comparison to earlier draft GST law.
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