GST Articles

Note on Latest Developments in the GST (122nd) Bill

Shivani 31 July 2015 at 10:48

On 6th May, 2015, GST bill was passed in Lok Sabha. As demanded, the bill was sent to the Rajya Sabha Select Committee headed by Shri Bhupender Yadav for review. Based on suggestions made by the Department of Revenue, State Governments, experts and

GST rate - an unresolved issue

CA Chitresh Gupta 30 July 2015 at 10:32

One of the crucial issue for successful implementation of GST relates to the determination of the GST rate. Since the GST is primarily intended as an exercise in reforming the consumption tax in India and not an e

The Constitution(122nd amendment) Bill,2014 on GST

Sourav Yadav 27 July 2015 at 11:38

As we all know that the govt. is keen on reforming the indirect tax regime in the country. Now why do I use the term ?reform??? I use it because it is going to completely change the way Indirect taxes are levied in our country. It is going to smoothe

Highlights of Report on the GST Bill by Select Panel of Rajya Sabha

Bimal Jain 27 July 2015 at 11:31

Dear Professional Colleague,Highlights of Report on the GST Bill by Select Panel of Rajya SabhaWith the first day�s proceeding of the Monsoon session of the Parliament getting distressed, the Select Panel of the Rajya Sabha had submitted its Re

What is GST and its benefits?

CA MOHIT SINGHAL 25 July 2015 at 17:28

Introduction:GST stands for �Goods and Services Tax�, and aimed at creating a single, unified market that will benefit both corporates and the economy. It is an indirect tax that will lead to the abolition of all other taxes such as octro

Fate of GST bill in Rajya Sabha

Bimal Jain 23 July 2015 at 10:33

Fate of GST Bill in Rajya Sabha: Clouds of dissonance on the ongoing Monsoon sessionThe much talked about Goods and Services tax (�GST�) Regime has been creating a buzz amongst all, eagerly waiting for the monsoon session of the Parliamen

Key features of GST

CA Chitresh Gupta 23 July 2015 at 10:25

GST Knowledge Series#2Goods & Service Tax � Key FeaturesIn continuance of our earlier series titled GST Knowledge Series# 1, Understanding the Mechanics of Goods & Service Tax, we have discussed the basic DNA of Goods & Service Tax

GST Era Pushes Indirect Excise Duty On Textile w.e.f 17th July 2015

Anandaday Misshra, Advocate 22 July 2015 at 10:51

The era of Goods & Service Tax (GST) has started with three notifications on 17th July 2015. The idea is to check the breaking of chain for the purpose of GST.It is pertinent to note that more or less , similar and/or same proviso has been insert

Impact of GST in Haryana

CA Pravendra Rana 9717036532 14 July 2015 at 10:59

GST is a destination based tax structure which is also totally a new concept for Indian Indirect taxation scenario. With the introduction of GST in the country, there will be certain significant changes in regime of

Taxability of software under indirect tax law and GST

Shivashish 13 July 2015 at 10:46

Information Technology (IT) industry has grown multi folds in last 2 decades in India. It is one of the most revenue generating sector for government, job creating sector for individuals.The taxability of Software/Solutions/Clouds has always been a l