Classification of goods and services which have come intot the tax net in GST is a big challenge. Some clarity tried to be provided.
Is GST applicable for all the receipts from unregistered suppliers of goods or services? Possible alternative thought process in line with the reb=venue.
Many doubts, confusion in textile industry- Some possible clarity in this article.
The lists released in the 3rd week of May 2017 are frightening and indicate a huge backwardstep in reforms. Multiple rates for the same heading are not the way ..
The benefit of credit on the stocks and fall in the rates of GST as compared to the present total indirec tax rates is sought o be ensured to be passed on by w
The GST Law comes with a need of compliance even before transiting inot it. Some value can also be added by complying.
In our country the fence is eating the drops as far as check posts are concerned. They expedite presently tax evaded goods more is what we underestand.
This article is based on the GST Bill 2017 which was released in public domain in last week of March 2017.
ITC is critical for the competitiveness for industry. trade and services.
GST is in the offing and there is a lot of doubt about it in the market as well as in mind of public. Industry preparedness is waiting for definite law.