GST MAY MISS APRIL 2012 TARGET TO BE IMPLEMENTED AS STATES OPPOSE DRAFT LEGISLATORY The introduction of
The introduction of GST through the comman goods and service tax or GST from the next financial year appears uncertain with fresh opposition pouring in from BJP ruled states who claims that it would reduce their status of that of municipalities and
GST is a consumption based levy. Destination principle would be applicable in normal course. In an ideal GST, all the credit of taxes paid on purchase of inputs, input services and capital goods are seamlessly allowed for set-off against the tax p
SALIENT FEATURES OF GST CA Madhukar N. Hiregange GST is a consumption based levy. Destination principle would be applicable in normal course. In an ideal GST, all the credit of taxes paid on purchase of inputs, input services and capital goods are
When nothing is going right in the successful implementation of Goods and Services Tax (GST), suddenly a momentum changes in favour of those who are favouring the rolling out of the GST. The finance ministry is planning to table a Constitutional A
Changes proposed for introducing Goods and Service Tax (GST) Prepared By: CA Pradeep Jain And Sukhvinder Kaur, LLB[FYIC] The introduction of Goods and Service Tax (GST) at both Central as well as State level is the dream of the Government de
As the future of the Goods and Services Tax is still uncertain in India but our efforts to elaborate the broader concept of GST will continue in the same manner.
Finally the Finance Minister Mr. Pranab Mukherjee speaks about the future of the Goods and Service Tax and the words spoken by him were not surprising at all. GST is unlikely to be implemented from the scheduled date of April 1, 2011. Now he is
The idea of dropping the most quarrelsome issue of Constitutional Amendment from the recently concluded meeting of the Empowered Committee of the State Finance Ministers didn’t work well for the Government as it also failed to provide any frui
Prepared By:CA Preeti Parihar andCA Rajani ThanviIntroduction:- “Continuity gives us roots; change gives us branches, letting us stretch and grow and reach new heights.” How truly it has been said. The change is the need of time, change i
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