INTERNATIONALLY - GOODS AND SERVICE TAX /GST provisions in countries other than India are quite streamlined and stable. As the Law in India is still not a reality we might look into the provisions which are in place since quite long and access the s
Taxation of Services – Transition from Service Tax to GST By: Nimish Goel The current Federal structure for taxation of services is likely to be revamped substantially under the much-awaited Goods and Services Tax (‘GST’) ex
GST - Department of Revenue vis a vis Empowered committee report CA. Rajat Mohan In January 2010, Department of revenue replied to various points stated by empowered committee of state finance ministers in their report. I will discuss the commen
SUDHIR HALAKHANDI-BUDGET -2010 - THERE IS NO FUTURE OF GST IN INDIA IN NEAR FUTURE- -CA SUDHIR HALAKHANDI The Finance Minister Mr. Pranab Mukharjee has presented the Budget -2010 on 2
Comments of the Department of Revenue (DoR) on the First Discussion Paper on GSTPrepared by :CA Pradeep JainSiddharth RutiyaVisit us at www.capradeepjain.com Introduction:
Goods and Service Tax - A PrecursorIntroductionThe idea from as far back as 1978 when the Jha committee recommended VAT In India to budget 2006-07 came to head when Mr. P. Chidambaram, announced a decision on GST by 2010. He said, “It is my s
GST: Perception in a Lucid Manner Introduction: We had been desperately waiting for GST i.e. Goods & Service Tax & finally the government has released the first discussion paper on GST. The purpose of implementing GST is to have a uniform i
Hey All Members, I am Trying to Present a Brief Study on GST which will Be applicable From 01/14/2010BackgroundThe effort to introduce the new tax regime was reflected, for the first time, in 2006-2007 Union Budget Speech. The then Finance Minister M
Government of India unveiled on 11TH Nov 2009 First Discussion Paper on Goods and Services Tax. Highlights: The Structure-Dual The proposed GST structure in India proposes dual structure. GST shall have two components- Central GST and State GST. Th
Notes on First Discussion Paper on Goods and Services Tax in India: It will lower the tax rate by broadening the tax base and minimizing exemptions - Dr. Vijay Kelkar, Chairman, - Finance Commission - on the occasion of th
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)