All about GST and GST Model Law:By CA Juhin Ajmera
GST and GST Model Law- Download the PPT by CA Juhin Ajmera This is presentation by CA Juhin Ajmera GST and GST Model Law. It covers the basic definitions and concepts in GST.
FAQ on Job work in GST
Q 1. What is job-work in GST? Ans. Section 2(62) of the MGL provides that “job-work” means undertaking any treatment or process by a person on goods belonging to another registered taxable person and the expression “job-worker” shall be construed accordingly. This definition is much
GST Along with Bankruptcy Law by FY 2017
GST Along with Bankruptcy Law – The government has been trying to implement two significant economic schemes before the end of 2017 fiscal year namely Bankruptcy law and even more crucial economic reform of Goods and Services Tax. The association has remarked several points regarding
GST Council all important meeting in November: By CA Rashmi Jain
What is the four tier GST structure? The GST Council has proposed a four-tier GST structure starting from 6 percent, two standard rates at 12 and 18 percent and the highest one at 26 percent with a further cess for luxury and demerit goods like
Whether the GST Council is formed without having constitution power: By Mr.Manoj Agarwal
GST Council is formed without having constitution power– All the provisions of The Constitution (101st Amendment) Act, 2016 comes into effect from 16/09/2016. Section 1 is also effective w.e.f. 16/09/16, which gives power to the Central Government to issue notification for effecting the various provisions
GST: Invoice level information
The following invoice level information:- 1) Invoices pertaining to B2B transactions. 2) Invoices pertaining to B2C transactions (Inter-State)& Intra State 3) Invoices pertaining to exempted including Nil rated supply. 4) Invoices pertaining to Export and deemed export supply. 5) Credit Note/Debit Note 6) Post Sales
Detail analysis of refund process for exports in GST
In this post we will cover the provisions for refund of IGST for: Export of Goods Export of services Deemed Exports
Brief discussion on restructuring of loans: By CA Mahesh Bansal
A brief discussion on restructuring of loans – Debt restructuring is a method used by companies with outstanding debt obligations to alter the terms of the debt agreements in order to achieve some advantages. Sometimes, there may arise circumstances when a borrower may not be
Determination and payment of taxes in GST
What are the various types of taxes in GST? There will be three types of taxes in GST levied on two types of supplies. CGST and SGST on intra state supply IGST on inter state supply Determination of taxes in GST: inter state supply Section
