June 13, 2017
The Kannada industry has joined the film industry’s protest against the proposed Goods and Services Tax (GST) of 28 per cent. The Kannada industry has joined the southern film bodies’ […]
June 13, 2017
New Delhi: Tax rates for as many as 66 items including kitchen staples like pickles and mustard sauce under the ensuing GST regime were cut on Sunday to meet demands […]
June 13, 2017
Rumours of a delay in the implementation of the Goods and Services Tax (GST) are false, Revenue Secretary Hasmukh Adhia tweeted on Tuesday morning. New Delhi: The ambitious ‘one nation, […]
June 13, 2017
Businesses have to migrate from the present value-added tax (VAT), service tax and central excise registration to a GST registration New Delhi: Amid all the lobbying in fixing goods and […]
June 10, 2017
Q 1. Will the CENVAT/ITC carried forward in the last return prior to GST under earlier law be available as ITC under GST? Ans. Yes, the registered taxable person shall […]
June 10, 2017
Q 1. What is GSTN? Ans. Goods and Services Tax Network (GSTN) is a nonprofit non-government company, which will provide shared IT infrastructure and service to both central and state […]
June 10, 2017
Q 1. What is the need for the Place of Supply of Goods and Services under GST? Ans. The basic principle of GST is that it should effectively tax the […]
June 10, 2017
Q 1. What is IGST? Ans. “Integrated Goods and Services Tax” (IGST) means tax levied under the IGST Act on the supply of any goods and/or services in the course […]
June 10, 2017
Q 1. What are the prescribed offences under MGL? Ans. The Model GST Law codifies the offences and penalties in Chapter XVI. The Act lists 21 offences in section 66, […]
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