Tag Archives: GST

Goods and Services Tax i.e.GST is just the replacement of Indirect taxes like Sales tax,Service tax and Excise duty.which indirectly effect the customers

70% of all goods and some consumer durables to become cheaper under proposed GST regime

70% of all goods and some consumer durables to become cheaper under proposed GST regime A number of goods such as cosmetics, shaving creams, shampoo, toothpaste,soap, plastics, paints and some consumer durables could become cheaper under the proposed goods and services tax GST regime as most items are likely to be subject to the rate of […]

APPLICABILITY OF GST LAW ON EDUCATIONAL INSTITUTIONS

APPLICABILITY OF GST LAW ON EDUCATIONAL INSTITUTIONS As per the present Service-tax law, all educational institutions are exempt from service-tax. In this regard, reference can be made to Notification on providing for exemption vide which all schools rendering education from pre-school to higher secondary level, are exempt.