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All about GST!

Aisha (Finance Professional) (8099 Points)

03 August 2016

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9 Replies

Garima jain (student) (18 Points)
Replied 04 August 2016

please explain GST in easy way

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Garima jain (student) (18 Points)
Replied 04 August 2016

after GST will VAt ,Sales tax is applicable?

srsubramanian (retired person) (74 Points)
Replied 04 August 2016

how gst be good in property apartment complex investment by the individual.

CA CS Amit Borade (Chief Accountant) (2828 Points)
Replied 04 August 2016

Originally posted by : srsubramanian
	how gst be good in property apartment complex investment by the individual.

Pls go through the below article

https://www.financialexpress.com/personal-finance/gst-bill-homebuyers-real-estate-sector-impact-and-gains/336947/

Hope this will help u.

Amit

Shubham Vishwakarma (Student) (48 Points)
Replied 04 August 2016

GST is likely to affect logistics shares in market

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ALOK RANJAN (ACCOUNTS OFFICER) (128 Points)
Replied 04 August 2016

NO ONLY ONE INDIRECT TAX REMAIN THAT IS KNOWN AS INDIRECT TAX.EITHER WE SUPPLY SERVICE OR GOODS WE CHARGED GST I.E CGST & SGST. IF INTER STATE SUPPLY THEN IGST.

CGST MEANS CENTRAL GOODS & SERVICE TAX (LEVIED AND COLLECTED BY CENTRAL GOVERNMENT) AAPKO SAMJHNE KE LIYE BOL SAKTE HO JO PHLE EXCISE HOTA THA USKE BADLE ME AAYA HAI.

SGST MEANS STATE GOODS & SERVICE TAX (LEVIED & COLLECTED BY STATE GOVERNMENT) AAPKO SAMJHNE KE LIYE BOL SAKTE HO YE VAT KE BADLE AAYA HAI.

IGST MEANS GOOD & SERVICE TAX ON INTER STATE SUPPLY (LEVIED AND COLLECTED BY CENTRAL GOVERNMENT) AAPKO SAMJHNE KE LIYE JO CST (CENTRAL SALES TAX HOTA THA USKE BADLE YE AAYA HAI.

MATLAB SIMPLE WORD ME AAPKA ANSWER VAT & SALES TAX AB NA RHA AB ONLY GST. (CGST+SGST+IGST) OK THAT'S IT.