Articles by Madhukar N Hiregange

Understanding supply under GST

Madhukar N Hiregange 10 April 2017 at 10:57

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.

Gearing up for GST - Bird's Eye View

Madhukar N Hiregange 08 April 2017 at 12:51

This article series is the first of many parts based on the GST Bill 2017.

Credit Under GST - Not seamless

Madhukar N Hiregange 03 April 2017 at 11:28

Seamless credit is at the base of an ideal GST. However the present law carries forward many of the diputed and litigation prone provisions.

GST impact on textile industry

Madhukar N Hiregange 07 March 2017 at 11:14

Textile industry has been politically protected under Central Excise. GST implementation could adversely effect the SME - job workers and traders.

GST in July 2017 - Boon or Bane?

Madhukar N Hiregange 27 February 2017 at 11:24

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.

Composition Scheme in Revised Model GST law

Madhukar N Hiregange 16 December 2016 at 11:34

The Model GST Law proceeds on the basis that all businesses need to inculcate discipline and systematic approach and to that extent would deter one from opting ..

Understanding GST Model law - Definition of Import and Export of services

Madhukar N Hiregange 16 November 2016 at 10:44

Exports would be competitive under GST

Opportunity to claim missed out credits from April 2015 - Pre GST

Madhukar N Hiregange 01 November 2016 at 10:43

GST will throw up many challenges. Many benefits are also available but within a time limit.

Leakage of Indirect Taxes in Past - Suggested Measures to Plug in GST

Madhukar N Hiregange 24 October 2016 at 10:51

The Indian tax laws have evolved over period of time to become complicated due to the existence of the parallel economy, complicated laws, high rate of multiple taxation, large scale corruption in the State VAT administration and to a lesser extent i