GST Articles

IGST model in Goods & Service Tax (GST)

CA Sudhir Halakhandi 16 January 2015 at 10:52

GOODS AND SERVICE TAXTHE IGST MODEL IN GSTBY SUDHIR HALAKHANDI CA SUDHIR HALAKHANDIQ. What is IGST and how this will monitor the interstate trade of Goods in GST? Will IGST replace the existing CST? Please explain with suitable example.A new model is

Benefits of GST to manufacturer and traders

CA Vivek chaudhary 16 January 2015 at 10:52

(ONE INDIA ONE MARKET)On continuation of my last article on Goods And Services Tax I want to give further explanation about the benefits of Goods And Services Tax&r

GST - Uniting India

Guest 06 January 2015 at 10:39

States taken care of, Madam(s) silenced, major parties who matter in the Parliament supporting, the process to introduce the biggest indirect tax reform in India, the GST, has begun. Bill No. 192 of 2014, The Constitution (one hundred and twenty seco

Roadmap to GST

Guest 06 January 2015 at 10:37

Implementation of GST is set to be the biggest tax reform hitherto ushered in the country. GST will be a Destination based Consumption Tax & will cover both intra State and Inter State trade & Commerce. Inter State Sales will be subjected to

Constitutional amendment on GST

Kaushik Vinod 03 January 2015 at 11:00

ATTEMPT TO DECODE THE 122ND CONSTITUTIONAL AMENDMENT BILL (GOODS AND SERVICE TAX)BACKGROUNDBefore going into the depth of Constitution of India and its amendments we have to first understand why it needs to be amended to bring the GST Law. The GST La

All about GST - What, When and How

Himanshu Kalra 27 December 2014 at 11:38

The introduction of GST is being seen as second major tax reform after 1991. GST is in the limelight again and everyone wants to have a talk about it. Under this article, I have tried to summate basics of GST. Have a good read. What is GST? GST is th

Why GST?

AKASH PHOPHALIA 26 December 2014 at 10:55

Presently the tax structure of India is very complex and Central and State both are charging taxes on goods. Although tax credit mechanism is in place but that too needs to be rationalized. Central is also imposing taxes on services. Lookin

GST- The upcoming tax reform

Shivani 26 December 2014 at 10:55

ConceptGST or Goods and Service Tax is an indirect tax levied on value addition done on goods and services. It shall replace all other kinds of indirect taxes levied at central or state level like excise, customs, VAT etc.

Towards GST - 122 nd Constitutional Amendment Bill - An analysis

Pritam Mahure 26 December 2014 at 10:54

By CA Pritam MahureThe 122nd Constitutional Amendment Bill (hereafter referred as CAB) was introduced in Parliament on 19th Dec,2014. In the past, to amend the Constitution, 115th CAB was introduced by the UPA Government in March 2011. However, this

Goods & Service Tax via Dual GST & GST Council Era - Part I

Anandaday Misshra, Advocate 24 December 2014 at 12:30

Goods & Service Tax (GST) is a regime of Uniform Tax. A regime in which multiple indirect taxes will be the talk of past and indirect taxes will be subsumed in GST. A. Taxes to be Subsumed in GST The following taxes will be subsumed under GST :