GST Articles

GST- A Broad Overview

MEHAK BATHLA 23 April 2016 at 11:59

Introduction of Goods and Service Tax (GST) will indeed be the next logical step towards a widespread indirect tax reforms in India since the introduction of Value Added Tax in 2005. The reference of GST was first made in

Principal of neutrality in taxation in GST

ARPIT HALDIA 17 February 2016 at 15:54

In the previous article, it was discussed in detail that what is meant by Principle of Destination and Origin Based Taxation and how they work. In this article I would dwell upon another key aspect of taxation i.e. Principle of Neutrality in Taxation

A spotlight on return filing under GST regime

Anushri Gupta 18 January 2016 at 10:54

DGGST and not DGST!!Yes, the Government has renamed Directorate General of Service Tax (DGST) as Directorate General of Goods and Service Tax (DGGST) w.e.f. 01.08.2015�.GST is making headlines, Draf

Decoding GST (Part 1) - Road to GST

samarth jain 13 January 2016 at 13:44

THE ROAD SO FARTo set the stage for the ambitious reform legislation, the Union Cabinet under the leadership of Shri Narendra Modi ji on 17th December, 2014 approved the proposal for introduction of a Bill in the Parliament

Decoding GST (Part 2) - Step towards GST

samarth jain 13 January 2016 at 10:34

The current article would be focusing on the historical background of Goods and Services Tax and how it has evolved over the period in India.In almost all the budget speeches since the year 2006-07, there has been a reference to the implementation of

An overview of GST

Yash Nagarkoti 07 January 2016 at 10:33

IntroductionWinston Churchill has rightly said, �To improve is to change, to be perfect is to change often�Change is inevitable and is very important because change leads to development and development leads to success. As far as changes

How to set off input tax credit under GST?

CA Neha Gupta 05 January 2016 at 10:25

Who will be entitled to set off Input Tax credit? Will any set off be allowed for credit on Input tax against Output Tax under upcoming GST? What will be the manner of utilisation of unadjusted input tax

GST- Proposed Input tax credit methodology

CMA Ramesh Krishnan 31 December 2015 at 10:22

GST- Proposed Input tax credit methodology Goods & Service tax (GST), the mile stone tax reform since independence of India is on its way to implementation journey and proposed GST bill is under discussion everywhere. This is very crucial stage t

GST- A Revolution in Indirect Tax Law

CA Rohit kapoor 28 December 2015 at 16:14

Good and Services Tax is the most logical steps towards thecomprehensive indirect tax reform in India since independence. Goods andServices Tax is to be implemented shortly by the Government of India.GST is leviable on every transaction involving sup

GST- Return

CA Raman Singla 24 December 2015 at 18:27

A return is a statement of specified particulars relating to business activity undertaken by the taxable person during a prescribed period. A taxable person has a legal obligation: To declare his tax