About GST Rule
Shivanshu Dosar (37 Points)
30 October 2021Please suggest good books name, author or publication name for GST other important provisions and updates of GST Rules Act.
Shivanshu Dosar (37 Points)
30 October 2021
CA Aakarsh Jain
(CA)
(10431 Points)
Replied 31 October 2021
debora M
(BUSINESS DEVELOPMENT MANAGER)
(1697 Points)
Replied 03 November 2021
GST is a single domestic indirect tax law for the entire country. Under the GST regime, the tax is levied at every point of sale. In the case of intra-state sales, Central GST and State GST are charged. All the inter-state sales are chargeable to the Integrated GST. Traders urge Finance Minister, GST council to modify new GST notification. The Central Board of Indirect Taxes and Customs (CBIC) has introduced Rule 86B in GST Rules, to be applicable from January 1, 2021, which restricts use of input tax credit for discharging GST liability to 99 per cent.