Group items tagged

The GST is still several crucial steps away from reality but the Modi government is moving methodically for its rollout from April 1 next year. On September 1, 2016 Odisha became the 16th state to ratify the Constitutional Amendment Bill that will pave the way for the passage of the Goods and Service Tax (GST) Bill, thus, fulfilling the constitutional requirement of at least half of India's 29 states approving the bill. The President has, since, signed the 122nd Constitutional Amendment Bill into law soon. This has allowed the government to proceed with the formation of the GST Council, which will decide on contentious issues like the GST rates, the mechanism to settle disputes and also come up with a draft GST legislation. Thereafter, the central and state governments will have to pass the central and state GST legislations and announce the date from which it will be implemented.

Prior to its last meeting, the GST Council (a legislative body) had sent the draft GST laws to a legal committee to ensure that the fundamentals agreed upon by the Council were appropriately reflected in the language of the draft laws. During the meeting on February 18, 2017, the GST Council discussed various issues in the legally vetted draft GST laws, finalised some issues, and discussed others without finality. The draft laws are expected to be approved by the Council during its next meeting on March 4 and 5, 2017.

After reaching a significant milestone by clearing C-GST, S-GST, I-GST and UT-GST laws, the GST Council has now touched upon e-commerce, a sector

In the last GST council meeting held on 14th March, 2020, the GST rate on mobile phones was increased to correct the inverted duty structure on recommendations of Fitment Committee. GST rate was raised from 12% to 18% on mobile phones.

Central Board of Indirect Taxes and Customs (CBIC) has issued Circular No. 89/08/2019-GST, 90/09/2019-GST and 91/10/2019-GST dated 18th February, 2019 to clarify certain issues under GST.

The Union Cabinet chaired by the Prime Minister has approved the Integrated GST, Central GST, Union Territory GST and GST Compensation bills on March 20, 2017. These four bills will now have to be passed by the Parliament. It is expected that the bills will be introduced in the Parliament early next week as a 'money bill' (note that the Rajya Sabha does not have the power to amend or reject money bills and is required to return it to the Lok Sabha within 14 days). Should the July 1, 2017 target for the introduction of GST in India be met, the Parliament will have to pass these bills before the end of the budget session (on April 12, 2017).

After the Lok Sabha approved the four supplementary GST legislations - Central GST (CGST), Integrated GST (IGST), Union Territory GST (UTGST) and the Compensation law, the Centre and the State governments will on Friday come up with the final rules and regulations of the new tax framework.

E-Startup India is a team of Chartered Accountant that provide all legal services just like- GST Registration, GST return filing, MSME registration, company incorporation, trademark, copyright, patent, ISO certification, Import-Export Code, business plan & project report and more...

Every business firm needs to file an annual document declaring its net profits and various taxes paid on purchase, sales, paid tax on each and every product sold, and purchased. GST return filing is the document to file your tax returns for the financial year. This document is a mandatory requirement for all business owners; they have to file it according to their business and transactions. But first, all the businesses need to get registered under the GST system. However, those businesses whose turnover is below the limit of Rs 40 Lakh don't require filing GST returns and also the same goes for businesses in the northeastern and hilly regions with a turnover below Rs 20 Lakh.

At ZE Global, we know companies' challenges and complications while attempting to register with Singapore's Goods and Services Tax (GST). Navigating the GST landscape can be challenging because of the constantly changing legislation and obligations. This is where we come in to help you and make you understand the GST services Singapore. As your reliable partner, we provide thorough GST services customized to your unique requirements, guaranteeing compliance and peace of mind.

At its 31st meeting in New Delhi, headed by Union Finance Minister Arun Jaitley, the GST council decided to move 33 items from 18% GST slab to 12% and 5%. It was decided only 34 luxury items will be taxed at 18% or more. Jaitley said the decision on GST of real estate will be taken in next meeting.

The 12th GST Council meeting on March 16, 2017, proved to be monumental with the Council approving the State GST and Union

After three months of the implementation of the Goods and Services Tax (GST), the GST Council, in its 22nd meeting on Friday has

Goods and Services Tax is an indirect tax applicable to the financial transactions in the Indian econ0my, which has successfully replaced many other indirect taxes. On 29th March 2017, the proposal of the application of GST was passed and approved in the parliament, and it became effective from 1st July 2017. It is a multi-stage, destination-based, value-added and comprehensive law in India, which is levied on the supply of goods and services. Previously there were many indirect taxes in India, which were equally confusing for the taxpayers. GST is the easiest way to replace the taxes that existed.

GST is here to simplify the multiple taxes and to improve the economy of the nation. In this article, take a look at the GST benefits and it's advantages and disadvantages of GST

Explore the GST Registration Certificate from start to finish. Understand its purpose, application procedure, and the benefits it offers for businesses operating under the GST regime.

Singapore GST: A Complete Guide Goods and Service Tax (GST), also called VAT (Value-Added Tax) in Singapore is a type of tax system that is governed by the Inland Revenue Authority of Singapore...

The slew of measures such as reduction of GST rate on man-made fibres, immediate refund of GST and introduction of e-wallet facility

There are still many people who are not well versed in the online GST Registration process in India and the documentation required for GST Registration. you can easily learn while watching this video.

GST Registration in Patna - If you are looking GST Registration Consultants in patna just call us:9297778889 for any types of GST Services Visit Us For More: Info@ https://www.expertregistration.in/gst-registration-in-patna.html