June 20, 2017
Finance Minister Arun Jaitley on Tuesday shared the contours of the GST (Goods and Services tax) launch program on the midnight of June 30 and July 1. “Late on June […]
June 19, 2017
NEW DELHI: The government has roped in Bollywood megastar Amitabh Bachchan to promote Goods and Services Tax (GST), ahead of the sweeping tax reform’s implementation scheduled from July 1. The […]
June 16, 2017
NEW DELHI: The all powerful GST Council will meet on June 18 to finalise tax rates on lottery as well as rules relating to e-way bill and anti-profiteering measures. This […]
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 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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