Significance of Inter state and intra state supplies in GST In the GST regime there are two type of supplies. The tax you need to pay will be decided by the type of supply. A supply can be inter state or intra state supply. Section
IGST bill passed in parliament: IGST bill is passed in parliament of India on 29th March 2017. You are now liable to pay IGST on all inter state and international supplies. IGST stands for the integrated Goods and services tax. For all intra state supplies
CGST Bill passed in parliament: Salient features CGST bill passed in parliament on 29th March 2017. It contains XXI chapters,174 sections and Three schedules. Chapter wise details of CGST bill Chapter in CGST bill Sections covered Provisions Chapter I Section 1&2 Preliminary Chapter II Section
The Maternity Benefit (Amendment) Bill, 2016 This bill has been passed by the Rajya Sabha on 11th August, 2016. The same was passed by the Lok Sabha on 9th March, 2017. The Amendment Act received assent from Hon’ble President on 27th March, 2017. Now, it
GST on purchase from unregistered dealer Edit on 30.06.2017: A new notification is issued by the CBEC which says that daily limit for chargeability of this levy will be Rs. 5000 per day and a consolidated invoice can be prepared.(Click here to see notification)
Tax on all supplies from small entities The latest provisions in GST are going to hurt the small entities.In the last draft of CGST which is approved in parliament. Section stand for levy and sub section 9(4) provide for payment of GST by recipient. Every
GST bill passed in Parliament: It is a big day for India as the GST bill passed in Parliament.The basic structure of GST is that center and state both charge tax on every supply. There are four type of bills: CGST passed by parliament today.
The purpose of this article is to spread awareness about the soon to be implemented Goods and Service Tax in India.
The purpose of this article is to spread awareness about the soon to be implemented Goods and Service Tax in India. This is the first article of the series of articles covering liability in special cases under GST as enshrined in the Model Law.
Liability to pay in GST in certain special cases The purpose of this article is to spread awareness about the soon to be implemented Goods and Service Tax in India. This is the first article of the series of articles covering liability in special
