Composition scheme under Model GST Law and its impact on construction.

Composition scheme under Model GST Law and its impact on construction.
The New Model GST Law ( hence forth “MGL”) as made available on public domain as on 26th November 2016 have bring out many

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AGGREGATE TURNOVER UNDER GST

AGGREGATE TURNOVER UNDER GST
Scope of ‘aggregate turnover’ [Section 2(6)]
As per section 2(6) of the Model GST Act, ‘aggregate turnover’ shall be total of the following amounts or sums in relation to a person

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Capital Goods Under Revised GST Law

Capital Goods Under Revised GST Law
There is substantial change of definition of capital goods has undergone in the revised GST Law is given under section 2(19) which states that capital goods means goods, the

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Will Demonetisation and digital transactions stop corruption in India ?

Will Demonetisation and digital transactions stop
corruption in India ?
If digital transactions could curb corruption and black money , Kenya would have be the most transparent country in the world. About 75% of the

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Process of migration from VAT to GST

Process of migration from VAT to GST 
GST registration (migration) portal is open from 16 Dec 2016.
If you think that the process is a bit complicated and lengthy if compared with local Sales Tax

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Provision for Supply of goods to job worker under revised GST Law

Provision for Supply of goods to job worker under revised GST Law
First we should need to understand the definition of Job work under Revised GST law. After that it will be easier to understand

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