Category Archives: Sales Tax

Definition of Business under GST

Definition of Business under GST
Continuing with the analysis of the revised GST law, we shall today discuss changes bought in the definitions as provided in the law:
1. 2(17) Business: the new definition reads

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IS IMPLEMENTATION OF GST STILL SAILING IN BOATS OF UNCERTAINTY ?

IS IMPLEMENTATION OF GST STILL SAILING IN BOATS OF UNCERTAINTY ?
The eighth meeting of the goods and services tax (GST) council held on Wednesday yet again ended on an uncertain note, effectively ruling out

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Supply of Goods and Services in GST Law

Supply of Goods and Services in GST Law
Supply is wider term used in GST law as the GST is based on Supply only. Now the question arises what is supply. Supply is transfer of

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What Action Steps Before GST implementation

What Action Steps Before GST implementation
GST would become a reality and the nation could witness changes in the traditional ways of doing business. Businesses right now have the option to proactively embrace this reform,

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E Commerce under GST

E Commerce under GST
E-commerce industry has changed the way of doing business in India in last few years. According to industry body Internet and Mobile Association of India (IAMAI) and IMRB, e-commerce industry in

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Composition Tax under GST law

Composition Tax under GST law
Revised GST Law under Section -9 provides that small taxpayer can opt for the scheme of composition tax instead of opting for paying tax under the regular supply of goods.

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