GST – Classification of Goods – A real game to be played nowThe joy that the Central Government may have experienced after getting the GST (Goods and Services Tax) council to agree to the rates and slabs for the new tax may be short
Modi lead BJP government has taken a huge step forward and announced the ban on Rs 500 Rs 1000 currency notes. The move is being expected to be an effect way to tackle several problems including, black money, fake currency, terrorism and drugs. Ban on
GST user manual on enrollment and login is issued by government. It will help users for any issues arising at the time of GST enrollment. This manual will cover the following aspects of registration. GST user manual have all the procedure on GST portal step
GST enrollment has been started. All indirect tax assesses will be shifted to the GST. We have here provided the proposed schedule for GST enrollment.You can check your GST enrollment details at the website of GSTIN. Q.1 What is the meaning of GST enollment? Ans:
Let’s understand the Taxable person GST 1. As per section 7 of MGL it is the taxable person who is liable to pay CGST and SGST. 2. Taxable person means any person [Person is defined in section 2(74) and includes all forms of carrying on
the fourth meeting of GST Council- Four-tier GST rate structure would be 5%, 12%, 18%, 28%, finance minister Arun Jaitley told reporters after the meeting. The finance ministry had earlier proposed to have 6%, 12%,18%, and 26%. Most of the food items would attract a
GST COUNCIL MEETING ON 3RD AND 4TH NOVEMBER- GST JOURNEY started way back in 2008, came to an end when 122nd Constitutional Amendment was adopted in India paving the way for goods and service tax regime in India – touted as the most important indirect
Understanding GST V/s. VAT 1) Tax / Duty on Manufacturing :- This is applicable only in Excise law, Not applicable in GST, VAT, Service Tax. 2) Tax on Sales:- This is applicable in case of GST, VAT 3) Tax on Stock transfer :- This is
Switching over from composition scheme to normal dealer – Switching over from composition scheme to normal dealer is explained in this article. It may so happen that a dealer is covered under Composition Scheme under present laws either Excise or VAT. That person may switch
