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GST Bill gets President’s assent – Now becomes a law
08.09.2016– The Government’s plan to roll out Goods and Services Tax (“GST”) from April 1, 2017, has moved an inched closer to the reality with the Hon’ble President Shri. Pranab Mukherjee signing the...
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GST Bill gets President’s assent – Now becomes a law
The Government’s plan to roll out Goods and Services Tax (“GST”) from April 1, 2017, has moved an inched closer to the reality with the Hon’ble President Shri. Pranab Mukherjee signing the Government’...
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Statewise Status of Ratification of GST Bill
In this Article we have presented date wise status of Passing of GST bill by States and also the List of States which are expected to pass the bill in next 8-10 days. Till now 20 States have ratified...
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GST to bring down tax on medical devices by 12%: Ananth Kumar
Press Information Bureau Government of India Ministry of Chemicals and Fertilizers 02-September-2016 13:47 IST Promotion and Regulation should go hand in hand for medical devices sector to provide aff...
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GST Threshold limit to be Rs. 25 lakhs
Dr. Hasmukh Adhia, Revenue Secretary, Government of India spells-out the future road-map for the GST roll-out w.e.f. 1st April, 2017 in a detailed interview with freelance journalist Ms. Manisha Dubey...
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Statewise Status of Ratification of GST Bill
In this Article we have included date wise status of Passing of GST bill by States and also the List of States which are expected to pass the bill in next 8-10 days. Till now 11 States have ratified t...
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New Due Dates for Filing of MVAT & CST Returns in Maharashtra
Introduction: Much awaited Circular for Introduction of New Automation Process for Filing of MVAT and CST Returns has been issued under no. 22T of 2016 dated 26.08.2016. Finally, the Maharashtra Sales...
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Statewise Status of Ratification of GST Bill
An empowered committee was set up by the Atal Bihari Vajpayee government in 2000 to streamline the GST model to be adopted and to develop the required backend infrastructure that would be needed for i...
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Constitutional Amendments on GST
The GST Bill –The Constitution (One Hundred and Twenty-second Amendment) Bill, 2014 has been discussed and passed by Rajya Sabha on 3rd August, 2016 after a 7 hours long debate by members of Rajya Sab...
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Liability to Excise/Service Tax on sale of Scrap – A discussion Paper
Background: Not all manufacturers are fully equipped to manufacture and supply a particular product. Therefore,they send the semi-processed material or their raw materials to a job worker for carrying...
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FAQs on Customs Bonded Warehouses
(“Frequently Asked Questions” has been drafted to facilitate understanding of customs bonded warehousing facilities by bringing together provisions of Chapter IX of the Customs Act, Notifications, Reg...
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Goods And Service Tax-Gst “ One Nation One Tax”
It is great news for business fraternity that Upper House of parliament has passed the much awaited GOODS and SERVICE TAX. Now the dream that one India and one tax will be completed very soon. The GST...
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Model GST Law: Highlights
10 Key things about Model GST Law GST is considered to be the biggest Indirect tax reform in India after independence that will result in a single indirect tax for the whole nation and will eliminate...
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Relevant Amended Provisions of Constitution of India for GST
GST: Relevant Amended Provisions of Constitution of India RELEVANT PROVISIONS OF CONSTITUTION OF INDIA [AS AMENDED BY THE CONSTITUTION (ONE HUNDRED AND FIRST AMENDMENT) BILL, 2016 AS PASSED BY RAJYA S...
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GST Constitution Bill, 2016- Rajya Sabha Proceeding Extract
Brief Record of the Proceedings of the Meeting of the Rajya Sabha held on the 3 rd August, 2016 on The Constitution (One Hundred and Twenty-second Amendment) Bill, 2016 passed by Rajya Sabha on 03rd A...
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Rajya Sabha work on 3rd August 2016: Important Points
WHAT HAPPENED IN RAJYA SABHA ON 3RD AUGUST 2016: IMPORTANT BULLET POINTS:- On Historic Day of 3rd August 2016, Rajya Sabha passed with 203 to 187 votes in favour of “GST – 122nd Constitutional Amendme...
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GST Bill Passed in Rajya Sabha: PM Thanked all Parties
The Prime Minister, Shri Narendra Modi has thanked the leaders and members of all the parties on the occasion of passage of the GST Bill in the Rajya Sabha. Calling GST as the best example of cooperat...
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GST Constitutional Amendment Bill passed in Rajya Sabha with Key amendments
The long-delayed Constitution (122ndAmendment) Bill, 2014 on GST (“122nd CAB” or “GST Bill”) has finally got the nod of the Rajya Sabha yesterday, with the Government successfully stitching together a...
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Overview of GST Model Law
Goods and Services Tax – Overview of Model Law Released in June 2016 One subject which has been in the news in the last few years on the taxation front has been implementation of the Goods and Service...
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FAQs on Goods and Services Tax (GST)
14 FAQs on Goods and Services Tax (GST) Press Information Bureau Government of India Ministry of Finance Dated: 03-August-2016 Frequently Asked Questions (FAQs) on Goods and Services Tax (GST) Followi...