How to shift to the GST framework online Those who have been registered under service tax are required to move to the GST framework and get their registration process completed under GST. This process can be carried out online provided all the required documents are in place.
Ready for GST? Here are changes that can stump you right after midnight At midnight on June 30, Prime Minister Narendra Modi will formally usher in the country’s new Goods and Services Tax (GST). First proposed in 2006, the GST will subsume more than a dozen state and central levies into one tax, unifying this […]
Payment of Taxes and Interest in GST Law Liabilities of Taxes and Interest in GST and penalty and other dues under the GST shall be paid, have been described here below . Same shall be entered in various register etc. All this is prescribed in Section 49 to 50 of the GST Law and GST […]
Key aspects for smooth implementation of GST With only few days to go for the Goods and Services Tax (‘GST’) to go live, we have enumerated below key aspects with respect to a smooth and hassle free transition to GST from the existing tax regime:
GST impact on stock available till 30th June Goods and Services Tax (GST) is considered to be the biggest tax reform in independent India. As the deadline comes closer, small and medium companies as well as large enterprises are working on the transition from VAT era to GST regime. No doubt, this transition won’t be […]