GST Impact on CA and CS Professionals The taxable event for levy of GST shall be ‘supply’ of goods and/ or services. The term ‘supply’ is defined inclusively to cover general supply and deemed supply.General supply includes all forms of supply of goods and/or services such as sale, transfer, barter, exchange, license, rental, lease or […]
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
GST on Electronic Commerce The Goods & Service Tax (GST) Bill proposes to bring e-commerce entities within the GST net to collect tax at source for all suppliers as well as file a monthly statement of transactions with every supplier. A brief note on the compliance on e-commerce operators is as under:
Bird eye view of the GST Act Everyone is awaiting what would be outcome of Constitutional Amendment Bill in the impending monsoon session. But the government seems to be very keen to introduce the GST from next financial year. After issuing Joint Committee Reports on registration, refund, tax payment and filing of return last month, […]
CONCEPT ON GOODS AND SERVICE TAX (GST) GST Bill Officially known as the Constitution Bill 2014. GST is a significant step in reform of indirect taxation in India. GST is a comprehensive indirect tax leviable on manufacturing, sale and consumption of goods and services in India.
Road permits/vat 47 under RVAT Act 2003 Provisions related to the documents including the road permits to be carried with the goods in movement from outside the state or to outside the state are provided under Sec 76 to Sec 79 of RVAT Act 2003. Going through these sections read with Rule 52 to 57 […]