GST Articles

Some Glimpse about upcoming GST

CA Ankit Agrawal 15 July 2011 at 12:53

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

Madhukar N Hiregange 06 July 2011 at 13:18

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

Changing Momentum Of GST - Still More To Do

Nagesh Bajaj 01 March 2011 at 22:51

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)

Pradeep Jain 01 March 2011 at 22:50

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

No Reduction In The Intensity Of GST Work

Nagesh Bajaj 28 December 2010 at 13:22

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.

Gst will now move with Tortoise

Nagesh Bajaj 22 December 2010 at 15:26

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

Government is Loosing its Momentum on GST

Nagesh Bajaj 18 December 2010 at 12:07

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

GST-It must be better late than never!!

Pradeep Jain 20 October 2010 at 11:35

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

Tax Rates in GST regime

Member (Account Deleted) 04 October 2010 at 10:57

Goods and Service Tax is by far the most important tax reform of independent India, but today we stand at less than 7 months away and even tax rates have yet not finalized. There seems to be no consensus among Centre and States on this subject. Ch

GST, SSIs, Exemptions

Omprakash Jain 13 September 2010 at 14:52

We should be aware that taxes are collected only to give services to the public and their life upliftment & overall development of the country. The taxes collected by govt is spent on welfare of the people. If by giving certain exemptions, this