Tax deduction at source under GST Clause 37 of GST Model Law, 2016 make provisions for GST TDS. GST TDS provisions can apply where total value of such supply, under a contract, exceeds rupees ten lakh.
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
Registration under GST Transitional provisions for existing taxable persons Existing taxable persons will be given provisional registration certificate. It will be valid for six months. They will submit required details. Then final registration certificate under GST will be issued – clause 142 of GST Model Law, 2016.
REVERSE CHARGE UNDER GST Meaning of reverse charge GST is payable by ‘taxable person’ who is supplying goods/services. This is provided in clause 7(2) of GST Model Law, 2016 and clause 4(2) of IGST Model Law, 2016
Compounding Scheme of GST As all folks area unit aware concerning the projected huge tax reform within the country within the kind of GST. based mostly upon the Model GST Law as issued by government, I herewith created efforts to hide careful analysis on numerous subject material of projected GST Model Law in details for […]
Government might advance Parliament session to urge GST laws approved Eager to meet the Gregorian calendar month one target to roll out the landmark product and Services Tax+ (GST), the govt. might advance Winter Session of Parliament by a period of time to urge supporting legislations passed, departure spare time for implementation of the new […]