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GST New Rules – GST Rules & Regulations

April 5th, 2017|0 Comments

Chapter --- COMPOSITION RULES 1. Intimation for composition levy (1) Any person who has been granted registration on a provisional basis under sub-rule (1) of rule Registration.16 and who opts to pay tax under [...]


GST – CONCEPT & STATUS – As on 01st April, 2017

April 5th, 2017|0 Comments

Introduction The introduction of Goods and Services Tax (GST) would be a very significant step in the field of indirect tax reforms in India. By amalgamating a large number of Central and State taxes [...]

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Change in newly introduced Central GST bill – Series I

March 28th, 2017|0 Comments

Change in newly introduced Central GST bill – Series I EXTENT OF LEVY.       CGST Act shall not apply to the state of Jammu and Kashmir. DEFINITION Agent when not disclosed has not been [...]

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Latest News Related to GST

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Industry body seeks special treatment for small units in GST

April 29th, 2017|0 Comments

RSS-backed Laghu Udyog Bharati today called for preferential treatment for micro and small enterprises with turnover of less than Rs 2 crore, urging the government to put them under zero duty structure of GST. [...]

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GST to push India GDP growth rate above 8% :IMF

April 29th, 2017|0 Comments

The Goods and Services Tax (GST), the landmark tax reform to be implemented from 1 July, would help raise India GDP growth rate to above 8%, the International Monetary Fund (IMF) has said, but [...]

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Arun Jaitley promises no surprises in GST rate fixation

April 28th, 2017|0 Comments

Finance Minister Arun Jaitley today promised not to spring any surprises in fixing tax rates under the new GST regime, saying they will not be "significantly different" from current levels. He, however, said companies [...]

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Jharkhand assembly passes GST bill

April 28th, 2017|0 Comments

Jharkhand Assembly passed the Jharkhand Goods and Services Taxes Bill, 2017 to pave the way for roll out of GST from July 1. A one-day special session of the assembly was convened to take [...]

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