GST Implementation, the historical change in Indirect taxes in India has become a reality now. GST has replaced many indirect taxes at Central Leval and State Leval. The implementation of GST has triggered a requirement to review the pricing system, tax rates and compliances charts.

There have been many version before setting the final version of GST laws, which has resulted in confusion among business and consultants about the compliances. There are different kinds of myth and rumours about GST Laws.

We have a well-researched department and expert team which is continuously working on every development in GST. Our expert team included experienced experts in different industries.

We have the bandwidth to provide complete GST implementation and compliance services at major cities of India. You need to interact with one team only and we would handle the assignment at different places with complete quality. We are working for many clients for GST migration and Implementation.

We would analyse and share every new change in laws and would help in implementation.

OUR SERVICES SHALL INCLUDE

  • Analysis of New GST laws and its Provisions
  • Preparation of Transitional Polices and Practice
  • Integration of New Laws With Other Applicable Practices as per the Industry Requirement
  • New Manual of Accounts as per New Laws
  • Tax Strategy and Tax Accounting Manual
  • GST Tax Calendar
  • GST Return filing and advisory
  • Counter-Check by Senior Legal Expert

For more details, please send your query at info@centrik.in 

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FAQ

Why To Choose Centrik?

We have expertise knowledge of every aspect of GST. Our experts from different domain work together to provide composite and comprehensive solutions which comply all of your legal requirements and address the practice issues also.We have expertise knowledge of every aspect of GST. Our experts from different domain work together to provide composite and comprehensive solutions which comply all of your legal requirements and address the practice issues also.

How Do We Work?

Based on your requirement, we would develop personalized solutions which suit your industry and company in particular. We would benchmark your process with best of the industry. After completion of this process you would get a well-crafted report.

What Are The Charges For Consulting?

We, At Centrik, we attend every single query. Our first and preliminary reply is always free. The exact consulting fees would be communicated only after knowing the complete scope of work. Whatever the fees, it shall be communicated to you, prior to start of work.

Core Team – Our core team include the experts having in-depth experience and knowledge in the Indirect tax advisory and litigation. It includes;

  • GST Expert – An expert who possesses expert knowledge of CGST Act, IGST, SGST and other related Rules.
  • Senior Advocate (practising in Supreme Court) – An advocate to advise on the matters which may arise while aligning the GST with other laws and practices based on the industry.
  • GST Training  – An expert having 15 years of training expert to train for GST process and impact.
  • Govt Consultant – A person who has in-depth experience and knowledge in rules, approvals and practices relating to Government Authorities.

Associate team – Our Associate teams work GST registration, GST return filing, GST migration, GST checklist and other related matter. Our associate teams are situated at different cities to align with the client.

For further informations, please reach us at 8287999340

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Updated till 20th July, 2017
Disclaimer : The above results are for educational purpose only and are based on our search and interpretation of related Laws. The users are expected to take expert opinion before relying them. For any support and advisory, please contact us at gst@centrik.in.

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Rajesh Kumar Ajmani

Tax Expert

Expertise: Compliance & Filings, Tax Assessment Tax Refunds All About Startup
  • 22 Years Experience
  • Delhi

REBATISH PANDA

Advocate

Expertise: All About GST, RERA Consulting, Litigation, Authentic Legal Advice
  • 22 Years Experience
  • Bhubaneswar

Ravi Shankar Gurajada

RERA consultant

Expertise: All About GST,All For Startup,Legal Outsourcing,RERA consulting
  • 22 YEARS Experience
  • Hyderabad, Telangana, India

SHAH DINESH DAHYALAL

RERA Consultant

Expertise: All About GST,All For Startup,Authentic Legal Advice,Corporate Litigation-All In Way,Debt Recovery Management,Go Global,Grievance Redressal,Invest In India,Legal Outsourcing,Project Funding,Registration And Compliance,RERA consulting,Tax Litigation,Tax Planning,Tax Refund,Tender Servicing
  • 18 years Experience
  • Ahmedabad, Gujarat

Amarpal Jakhar

Chartered Accountant

Expertise: Grievance Redressal Invest In India Go Global Tax Assessment Tax Refunds Tax Strategy & Planning All India VAT Register Your Business
  • 10 Years Experience
  • New Delhi

CA. Rajiv Kumar Jha

Partner

Expertise: All About GST,Corporate Litigation-All In Way,Invest In India,Project Funding,Registration And Compliance,RERA consulting,Tax Litigation,Tax Planning,Tax Refund
  • 8 Years Experience
  • patna, Bihar

CA Amit Jain

Chartered Accountant

Expertise: Compliance & Filings, All India VAT, Business Modelling, Audit & Assurance
  • 7 Years Experience
  • Delhi

Nikhil Mohan Jhanwar

Partner

Expertise: All About GST,All For Startup,Project Funding,Registration And Compliance,Tax Litigation,Tax Planning
  • 6 years Experience
  • Noida

CA Pankaj Kumar

Partner

Expertise: All About GST,Legal Outsourcing,Registration And Compliance,Tax Planning
  • 6 years Experience
  • New Delhi

Ishtdeep Singh Uppal

Advocate

Expertise: All About GST,Authentic Legal Advice,RERA consulting,Tax Litigation
  • 5 years Experience
  • New Delhi

Pritesh Burad

Advocate

Expertise: All About GST,Authentic Legal Advice,Corporate Litigation-All In Way,Debt Recovery Management,Grievance Redressal,RERA consulting,Tax Litigation,Tax Planning,Tax Refund
  • 5 Years Experience
  • Mumbai

CA. JAYKISHAN RATHI

Chartered Accountant

Expertise: All About GST,Authentic Legal Advice,Grevance Redressal,Litigation-All In Way,Project Funding,Registration And Compliance,Tax Litigation,Tax Planning,Tax Refund,Tender Servicing
  • 5 Years Experience
  • Ring Road, Surat, Gujarat, India

Hitesh Purohit

Senior Tax Consultant

Expertise: All About GST,All For Startup,Tax Litigation,Tax Planning,Tax Refund
  • 5 Years Experience
  • Mumbai (Suburban)

RAHUL SHARMA

Company Secretary- Startup Consultant

Expertise: All For Startup,Registration And Compliance,RERA consulting
  • 5 Years Experience
  • New Delhi, Delhi, India

CA Rahul Gupta

Expertise: All About GST,All For Startup,Grevance Redressal,RERA consulting,Tax Litigation,Tax Planning,Tax Refund
  • 5 years Experience
  • Sonepat, Haryana, India

Expertshine

Advisor

Expertise:
  • 5 years Experience
  • Kerala

Saurabh Jain

Chartered Accountant

Expertise: GST Training Internal Audit Compliance check-up
  • 4 years Experience
  • Bangalore

Gautam goyal

Tax Manager

Expertise:
  • 4 Years Experience
  • New Delhi

Ashutosh Aggarwal

Partner

Expertise: All About GST,All For Startup,CCM,Go Global,Tax Litigation,Tax Planning,Tax Refund
  • 4.5 years Experience
  • New Delhi

Pushpender Tyagi

Compliance Manager

Expertise: CCM,Legal Outsourcing,Registration And Compliance,Tax Litigation,Tax Planning,Tax Refund
  • 4 years Experience
  • Sonipat, Haryana, India

PRAVEEN AGGARWAL

Chartered Accountant

Expertise: All About GST,Registration And Compliance,RERA consulting,Tax Litigation
  • 4 years Experience
  • Gurgoan

Poonam Verma

Accounts Executive

Expertise:
  • 4 years Experience
  • New Delhi, Delhi, India

Smit shah

RERA Consultant

Expertise: All About GST,All For Startup,RERA consulting
  • 2 Years Experience
  • Ahmedabad, Gujarat, India

CS Neha Goyal

Compliance Manager

Expertise: All About GST, Compliance & Filings, Register Your Business, Authentic Legal Advice, Approval & License, Representation
  • 2 Years Experience
  • Delhi

Latest Blogs

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GST E-way Bill- Ten Points to Know
Posted on 0 CommentsCategories All About GST, Tax AdvisoryTags , , ,
The GST e-way bill framework for the movement of commodities between states was actualized on April 1, 2018
GST applicability on Supply of Goods to SEZ unit
Posted on 0 CommentsCategories All About GSTTags , , , ,
All supplies made to SEZ whether on account of supplies of goods or services, have been categorised as “Zero Rated...
First Arrest under Goods and Service Tax regime for alleged fraud
Posted on 0 CommentsCategories All About GSTTags , ,
The centre and state governments suspect massive tax evasion under GST due to the lax implementation.
Hon’ble High Court of Bombay Directed Central Government to resolve issues with GST Portal
Posted on 0 CommentsCategories All About GSTTags , , ,
The Bombay High Court on March 6th directed the Centre and the Maharashtra government to resolve the citizens grievances related...
Long term capital gains tax to apply on shares sold after April 1, 2018
Posted on 0 CommentsCategories All About GSTTags , , ,
The proposed long-term capital gains tax on equity holdings will apply on profits made from sale of shares on or...
FAQ’s on E-Way Bill
Posted on 0 CommentsCategories All About GSTTags , ,
E-way bill would be a masterstroke for today and times to come. E-way bill has to be generated before the...
BHARTI Realty: Growing Big on Bag
Posted on 0 CommentsCategories All About GST, RERA ConsultingTags , , , , , , ,
Bharti Realty is the Real Estate firm of Bharti Enterprise which is planning to invest a hug amount of money...
Accounts & other Records in GST
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Under GST law, Every registered person is required to maintain following books of accounts and other records at its principal...
GST Revenue will grow with e-way bills, learn everything about it
Posted on 0 CommentsCategories All About GSTTags , , ,
The government expects that after the introduction of electronic (E-way) bills, the Goods and Services Tax (GST) collection will increase...
GST Impact on Goods Transport Agency
Posted on 0 CommentsCategories All About GSTTags , , , ,
Goods transported through Road are further bifurcated based on means of transportation i.e, Rail and Goods Transport Agency.
What is Anti-Profiteering under GST regime?
Posted on 0 CommentsCategories All About GST, Authentic Legal AdviceTags ,
The government has created a regulatory authority i.e. National Anti-Profiteering Authority who works to find taxable registered persons who indulge...
How to tackle errors while filing GST Returns?
Posted on 0 CommentsCategories All About GSTTags , , ,
Article explaining some common GST problems like GST mismatch, GST Computer Error, GST Payment Failure, GST Return issue.
GST on Food Services & Restaurants in Business- A Comprehensive Analysis
Posted on 0 CommentsCategories All About GSTTags , ,
This article is to make understand how restaurant food bills will be affected under GST. We will also enlighten the...
How to find best GST Consultant for your business?
Posted on 0 CommentsCategories All About GSTTags , , ,
Whereas the GST tax regime needs to be managed and handled in an effective way. This is where businesses most...
RERA and GST Belt: Homebuyers going for ready-to-move-in Flats
Posted on 0 CommentsCategories All About GST, RERA ConsultingTags , , ,
The homebuyers are now opting for ready-to-move-in flats as tax burden has been reduced on them. With the implementation of...
GST Impact on Sale and Purchase of Used Vehicles
Posted on 0 CommentsCategories All About GSTTags ,
Since the transactions happen in different ways, broadly as below, we shall discuss the impact of GST accordingly.
GST Impact on E-Commerce Industry
Posted on 0 CommentsCategories All About GSTTags , , ,
India has become the second largest market for e-commerce. It has now become imperative for the business to understand and...
Composition Scheme under GST
Posted on 0 CommentsCategories All About GSTTags , ,
In this article, we’ve explained composition scheme under GST, who can apply, eligibility criteria how it can benefit small businesses.
How to check the Genuineness of the Bills?
Posted on 0 CommentsCategories All About GSTTags , ,
There may be instances where shops or hotels may use fake GST Bill or GST number and may dupe you....
GST Impact on Small and Medium Enterprises
Posted on 0 CommentsCategories All About GSTTags , ,
The benefits of implementing GST on SMEs will play a vital role in shaping India's economy in the coming years.
Concept of Reverse Charge Mechanism under GST
Posted on 0 CommentsCategories All About GSTTags , , , , , ,
Reverse Charge Mechanism (RCM) means the liability to pay the tax by person receiving goods and/or services instead of the...
Registration for TDS Deduction under GST
Posted on 0 CommentsCategories All About GSTTags ,
Tax Deducted at Source (TDS) is factor of Indirect Tax collection by authorities as per the Income Tax Act, 1961.
Items on which Input Tax Credit is not Available
Posted on 0 CommentsCategories All About GSTTags , , , ,
GST being One Nation One Tax is famous for the free flow of credits. But there are certain items on...
Planning Audits under GST
Posted on 0 CommentsCategories All About GSTTags ,
We all have heard that audit is going on in the company or for an individual, but being a layman...
E-way Bill under GST Regime
Posted on 2 Comments on E-way Bill under GST RegimeCategories All About GSTTags , ,
It is mandatory for all consignors/consignees/transporters to be aware of the required complianceto carry an electronic waybill or E-Way Bill...
How to Identify Fake GST Bill?
Posted on 0 CommentsCategories All About GSTTags ,
This blog post is about identifying fake GST bills. Here are some know-how to identify a fake bill so that...
Common Errors while Migrating to GST
Posted on 0 CommentsCategories All About GSTTags , ,
While migrating to GST a lot of issues are being faced by businesses and to help with those issues here...
How to File GST Return-1?
Posted on 1 Comment on How to File GST Return-1?Categories All About GSTTags , ,
What particulars are required to file GST Return-1 and the solution is right on the deck.
Avoid Zero Hour Rush for GST Filing
Posted on 0 CommentsCategories All About GSTTags , ,
Trailing the zero hours as per a government official, Rs. 42,000 Crore tax was deposited till August 21 which is...
Changes Made in 20th GST Council
Posted on 0 CommentsCategories All About GST, Tax AdvisoryTags , , , , ,
The Goods and Services Tax (GST) Council in its 20th meeting on Saturday decided to cut the tax rate for...
Demands and Recovery under GST
Posted on 0 CommentsCategories All About GSTTags , , ,
To recover any tax not paid inadvertently, GST provides for various provisions whereby a proper officer can demand and recover...
Import of Services under GST
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Import of services for a consideration whether or not in the course or furtherance of business, will be considered as...
Import of Goods under GST
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Imports of "Goods and Services" is defined under central GST Act, 2017.
Time of Supply After Change in Rate of Tax
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CGST Act, 2017 states the time of supply, where there is a change in the rate of tax in respect...
GST- Time of Supply before the Change in Rate of Tax
Posted on 0 CommentsCategories All About GSTTags ,
Section 14 of the CGST Act, 2017 states the time of supply, where there is a change in the rate...
Anti-Profiteering Procedure under GST
Posted on 0 CommentsCategories All About GSTTags , ,
Although the Authority has the power to decide the methodology and procedure for determination as to whether the reduction in...
Concept of Consumer Welfare Fund under GST
Posted on 0 CommentsCategories All About GSTTags , ,
Under section 2(51) of the COST Act, 2017, “Fund'' means the Consumer Welfare Fund established under section 57. Section 57...
Know How to Claim Refund under GST
Posted on 0 CommentsCategories All About GSTTags , ,
While seeking a refund under GST Laws, the refund application shall be accompanied by:
Inspection and Seizure under Goods and Services Tax
Posted on 0 CommentsCategories All About GSTTags , , ,
There is a provision of inspection which acts as a deterrent for tax evasion. These provisions help restricting tax evaders...
Know in Brief – Refunds under GST
Posted on 0 CommentsCategories All About GSTTags ,
Refund refers to an amount that is due to the tax payer from the tax administration. According to section 54...
Transitional Provision for Input Tax Credit
Posted on 0 CommentsCategories All About GSTTags , , ,
Transitional Provision rules, to avail CENVAT Credit, it is important that the person who is willing to take credit is...
Is your Restaurant Overcharging You in the Name of GST? Learn How to Decode the Bill.
Posted on 0 CommentsCategories All About GSTTags , ,
What will your bill look like after service tax, service charge, and VAT deletion, and at what rate will you...
Value of Supply
Posted on 0 CommentsCategories All About GSTTags ,
Value of supply is the value on which tax shall be levied. Section 15 of the Central GST Act 2017...
Returns Furnishing under GST
Posted on 0 CommentsCategories All About GSTTags ,
Goods & Services Tax (GST) is a comprehensive indirect tax system which works on self-monitoring mechanism. Under GST a normal...
Provisions for Payment under GST
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GST has provided an easy and simple way of payment of taxes. Under GST regime, all the taxpayers will get...
Will GST Hit Real Estate Down?
Posted on 0 CommentsCategories All About GSTTags ,
As GST (Goods and Services Tax) Council still prolongs to meet to fix rates and streamline rollout procedures for the...
Audit under GST
Posted on 0 CommentsCategories All About GSTTags ,
Goods and Service tax will be one tax to subsume all taxes. It will bring in the To maintain a...
GST- Documents in Lieu of Invoice
Posted on 0 CommentsCategories All About GSTTags , ,
Where a supplier is not required to charge any tax, he shall raise a bill of supply instead of invoice....
Practical Guide to Raise the Invoice under GST
Posted on 1 Comment on Practical Guide to Raise the Invoice under GSTCategories All About GSTTags ,
The government has clarified rules of invoicing under GST along with a template of invoice (GST INV-01) covering particulars like...
Input Tax Credit Restriction
Posted on 0 CommentsCategories All About GST, Tax AdvisoryTags , ,
Goods and Services Tax aims at providing seamless flow of credit throughout supply chain.
Fields To Be Incorporated In Invoice Under GST
Posted on 0 CommentsCategories All About GST, Tax AdvisoryTags , ,
All registered taxpayers are free to design their own invoice format under GST However, it is required that certain fields...
BUILDERS MISLEADING HOMEBUYERS ON GST
Posted on 0 CommentsCategories All About GSTTags , , ,
Taking a strong note of builders and construction companies forcing buyers to make full payment before the roll-out of the...
Treatment of Input Tax Credit in Job Work
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Job work means undertaking any treatment or process by a person on goods belonging to another registered taxable person.
Know Concept of Composite and Mixed Supply under GST
Posted on 0 CommentsCategories All About GST, Tax AdvisoryTags , , ,
Both Composite supply and Mixed supply consist of two or more taxable supplies of goods or services or both.
Council Revised GST Rate on Jewellery Making To 5%
Posted on 0 CommentsCategories All About GST, Tax AdvisoryTags , , , ,
There is a sharp cut in the rate of making charges for jewellery and diamond processing industry, the Goods and...
Activities to be treated as supply of goods
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Schedule II of the Central Goods & Services Tax Act, 2017 lists activities which are to be treated as supply...
Activities to be Treated as Supply of Services
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Schedule II of the Central Goods & Services Tax Act, 2017 lists activities which are to be treated as supply...
Liability for Registration in GST
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Section 22 of the Central Goods & Services Tax (CGST) Act, 2017 specifies persons who are liable for registration under...
Quick Guide To Know Basics of GST
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Goods and service tax network (GSTN], the technology backbone of GST. It provides IT infrastructure and services to the Central...
Last Opportunity For Migration to GST Regime
Posted on 0 CommentsCategories All About GST, Tax AdvisoryTags , ,
As per sub-section 2 of section 24 of CGST Act, 2017, every person who is registered under the existing indirect...
25 Points Which Helps You To Know, Whole Concept Of GST
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As we know Goods and Service Tax (GST) will 100% be implemented on 01-07-2017. Here are some point which help...
GST Online Resources: Don’t Buy Book
Posted on 0 CommentsCategories All About GST, Tax AdvisoryTags , ,
If you are CS/CA/CMA and have not read much about GST reforms and want to know all about it, this...
How to Work After Implementation Of GST?  
Posted on 1 Comment on How to Work After Implementation Of GST?  Categories All About GST, Tax AdvisoryTags ,
As per section 2(68) of the CGST Act “job work” means any treatment or process undertaken by a person on...
List of GST Finalised Rates In Different Countries
Posted on 0 CommentsCategories All About GST, Tax AdvisoryTags , ,
As soon as the GST rates were announced a huge wave of curiosity hit across industry and trade bodies. Everyone...
Return Filling: Guide To File GST Return
Posted on 0 CommentsCategories All About GST, Tax AdvisoryTags , ,
GST works on a self-monitoring mechanism, which is matching the concept of invoice between supplier and recipient of goods and...
Know Life of Transporter in GST
Posted on 0 CommentsCategories All About GST, Tax AdvisoryTags ,
Every transporter to maintain the records of consignor, consignee and other relevant detail of goods. Premises of transporter maybe inspected...
Place of Supply : IGST Act, 2017
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In the course of Intra-State Supply (Intra-UT Supply), CGST and SGST shall be payable, these two components shall be collected...
GST Council Finalise GST Rates
Posted on 0 CommentsCategories All About GST, Tax AdvisoryTags , ,
GST Council specifies rates 5%, 12%, 18% & 28% and categorised 1211 items under various tax slabs.
Transition of Credits Under GST
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The transitional provisions are made part of GST Act, to ensure a smooth and logical transition of Credits of Input...
Do You Know The Importance of Invoice in GST?
Posted on 0 CommentsCategories All About GST, Tax AdvisoryTags ,
It is generally issued by the supplier notifying the purchaser of the obligation to make payment in respect of any...
GST – 10 points that you should know about E-Way Bills
Posted on 0 CommentsCategories All About GST, Tax AdvisoryTags , ,
E-Way Bill will be required for movement of all goods, whether within the state or across states and shall be...
GST Migration – Process and Development Till Date
Posted on 0 CommentsCategories All About GST, Tax AdvisoryTags ,
GST Transition provision- section 139 of CGST Act, 2017 read with Rule 16 of GST registration, prescribes the process of...
Check! Whether Your GST Migration is Done or Not?
Posted on 7 Comments on Check! Whether Your GST Migration is Done or Not?Categories All About GST, Tax AdvisoryTags , ,
Goods and Services Tax (GST) portal has initiated a portal to check the status of conversion of an existing registration...
How is GST going to affect MSMEs?
Posted on 0 CommentsCategories All About GST, Tax AdvisoryTags , ,
GST is an indirect taxation in India which is supposed to merge most of the existing taxes into a single...
Do You Know The Difference Between CGST, SGST & IGST
Posted on 0 CommentsCategories All About GST, Tax AdvisoryTags , , , ,
GST is a Value-added Tax (VAT) is proposed to be a comprehensive indirect tax levy on manufacture, sale and consumption...
Important Due Dates of Returns To Be Filled In GST
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In GST there are 19 forms for filing of returns by tax payers. All these forms are required to be...
6 Points: Reflect Impact of GST on Food Business
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GST will replace all Central level taxes such as excise, service tax, customs duty as well as state level taxes...
Highlight from 2nd edition of FAQ on GST dated 31.3.2017
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CBEC has released 2nd edition of FAQ clarifying Central Goods and Service Tax (CGST) Bill, Integrated Goods and Service Tax...
Understand GST in Just 10 Points
Posted on 0 CommentsCategories All About GST, Tax AdvisoryTags , ,
GST is expected to be implemented from 01/07/2017. GST would apply to all goods and services except Alcohol for human...
GST: 6 Point You Should Know While Opting for Composition Scheme
Posted on 0 CommentsCategories All About GST, Tax AdvisoryTags , ,
The composition scheme under the new GST regime extends an important benefit to all small traders.
GST- Alarming Your Business to Reconfigure
Posted on 0 CommentsCategories All About GST, Tax AdvisoryTags ,
Transition to GST will require companies to reconfigure their inventory valuation or asset capitalization or expense recording rules
GST- What Going to Effect FMCG Industries
Posted on 0 CommentsCategories All About GST, Tax AdvisoryTags
Fast moving consumer goods segment is the fourth largest sector in the Indian economy and the Food products is the...
GST-Time of Supply of Services
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GST implementation is rapidly moving forward with the government adhering to its self- imposed deadlines. we are going to discuss...
GST: Time of Supply of Goods
Posted on 0 CommentsCategories All About GST, Tax AdvisoryTags ,
Presently different tax laws prescribe for different taxable event which is going to be replaced by GST Laws. Under GST,...
What Is GST And Its Features?
Posted on 0 CommentsCategories All About GST, Tax AdvisoryTags , ,
The introduction of Goods and Service tax would be one of the bigger reform in the Indian economy in the...
GST- ALL ABOUT CASUAL DEALER
Posted on 3 Comments on GST- ALL ABOUT CASUAL DEALERCategories All About GST, Tax AdvisoryTags
We all are aware that GST is going to implement from July 2017. Now we all are just trying to...
GST Implication on Textile Industries
Posted on 0 CommentsCategories All About GST, Tax AdvisoryTags , ,
Textile sectors play a very important part in the development of the Indian economy with regard to GDP, Export promotion,...
What Telco’s will get from GST?
Posted on 0 CommentsCategories All About GST, Tax AdvisoryTags , ,
Telecom faces several issues under the current indirect tax regime and, therefore, the sector has high hopes from the proposed...
Time Limit of Issuing Tax Invoice in GST Regime
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After a decade-long wait, India will finally implement the Goods and Service tax this will help to remove tax barriers...
Centralized Registration will exterminate after implementation of GST
Posted on 1 Comment on Centralized Registration will exterminate after implementation of GSTCategories All About GST
(GST) council is likely to retain a clause in the law that will require service providers to register in every...
GST Grant These 5 Benefits to Real Estate Sectors
Posted on 0 CommentsCategories All About GST, Tax Advisory
As we all know real estate sector is one of the fastest growing sector all over the world. But presently...
This right time to start your business ! Know how?
Posted on 0 CommentsCategories All About GST, All For Startup, Business Advisory, Cross Border Advisory, Project Funding
Are you thinking about to start your own business! check how? Recent time has witnessed a high surge in the...
GST- Exclusive GST compliance List for E-Commerce Operators – Part -1
Posted on 2 Comments on GST- Exclusive GST compliance List for E-Commerce Operators – Part -1Categories All About GST
E-commerce is fast gaining traction in today’s world. In simple terms, e-commerce can be described as the conduct of any...
MISSED THE GST REGISTRATION? DON’T WORRY! YOU WOULD HAVE ANOTHER CHANCE !
Posted on 0 CommentsCategories All About GST, All For Startup, Business Advisory, Legal Advisory, Tax Advisory
Ok, Have your missed the deadlines for GST migration registration? Don’t worry! you would not be missed out! And you...
Draft GST Rules: Things You Should Know
Posted on 0 CommentsCategories All About GST
Refund shall be granted after adjusting any outstanding demand payable by the applicant. If Proper Officer is satisfied that refund...
7 Important Points For GST Registration Under GST Modal Act
Posted on 0 CommentsCategories All About GST
The registration under SGST for the State shall mean registration under SGST and CGST for that State. IGST is the...
GST Tax Structure – Is It Really Simple?
Posted on 0 CommentsCategories All About GST
Crux is that we perceived the GST as eight lane super national highway, but it turnout to be a typical...
Birth Of GST – A Brief History
Posted on 0 CommentsCategories All About GST
Finally, after accepting the some major suggestions by Congress party, Constitutional Amendment Bill has been passed by Rajya Sabha on...
Roll Out Of GST
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The Government has already been started its preparations to implement the GST in terms of information technology, transitional provisions, data...

Latest Updates

Our Latest Updates

Intra-state e-way bill roll out in to Haryana with effect from April 20
The e-way bill for intra sate movement of goods will be applicable in Haryana from April 20. The e-way bill...
11 things to be done under GST before 31-3-2018
1. Those dealers who have claimed transitional deemed credit of 60% & 40% in GST TRAN 1 form need to...
Beware of Mismatching in GSTR-3B and GSTR-1
India largest tax reform, the goods and Service Tax launched on July,1 with the aim of averting corruption in the...
New Changes in GSTR-3B made it more user friendly
Goods and Service tax (GST) has on February 21, introduced few latest changes in GSTR-3B to make it more user...
Glitches on E-way Bill System
The finance ministry has sought a report from GSTN, the IT-backbone provider for GST, on glitches in the system that...
Implementation of GST e-way bill deferred due to technical glitches
The government on Thursday postponed implementation of the e-way bill requirement for movement of consignments in the goods and services...
Do you Know: GST under Speculation?
AS per recent clarification issued through circular, regarding levy of GST on speculation services, there are certain issues which are...
Solution to common queries under GST related to accommodation Services
The Central govt. has issued some clarification regarding levy of GST on supply of service of accommodation of services which...
Meaning of Aggregate Turnover under GST Law
According to GST law, Every Person is required to get registration under GST law if Turnover of its business exceeds...
Rectification of Returns under GST
The Finance Ministry has permitted businesses to rectify mistakes in their monthly returns - GSTR-3B - and adjust tax liability,...
Government believes GST leakage via Composition Scheme
The government suspects that its composition scheme meant to ease life for small businesses is being misused with the average...
Late fee waived for failure of return in Form GSTR-4
As per the admonition of Goods and Services Tax (GST) Council, the Central government has waived the late fee payable...
New amendment in GST tax rates for Composition taxpayers
The Ministry of Finance vide its notification no. 1/2018- Central Tax dated January 1, 2018 as new amendments have been...
As per tax officials e-way bill may elevate the GST Revenue
The Goods and Services Tax (GST) revenue is expected to escalate by 20-25% after the commencement of electronic way (e-way)...
Last Date for filing GST Returns extended by Government
Business with turnover up to Rs. 1.5 Crore can now file their Goods and Services Tax (GST) Returns for the...
Crucial Last Date for filing various GST forms provided by GSTN
Form GST REG-26 i.e. application for enrollment of existing taxpayers: December 31, 2017. Form GST ITC-04 i.e. details of goods/capital goods...
GST Return Forms to be merged from triplicate to ease the procedure
The Goods and Services Tax (GST) Council to acknowledge merging the triplicate GST Return forms to assuage the procedure of...
25% hike GST cess on luxury cars after Government Approval
The Lok Sabha has recently approved a bill to hike Goods and Services Tax (GST) Cess on luxury cars from...
The 13th amendment in the CGST Rules 2017 notified by CBEC
The Central Board of Excise and Customs (CBEC) has notified the 13th amendment in Central Goods and Services Tax (CGST)...
RERA and GST impact: Corporate housing societies to be high-priced
The outbreak of the Real Estate Regulation and Development Act (RERA) and Goods and Services Tax (GST) has created such...
Refund application in GST regime is unevolved than VAT
Goods and Services Tax (GST) was enforced this year in July. Since there was no proper infrastructure to support the...
RERA, GST pull down Home Loan Growth
Mumbai: Home loan interest rates have dipped, but buyers’ sentiments have not improved, data shows, leading to a sharp fall in...
GST TRANS-2 Forms are now available on GST Portal
The unregistered taxpayers under the Goods and Services Tax (GST) law have been provided with a facility to fill form...
Decision on e-way bill as on 24th GST Council Meeting
24th Goods and Services Tax (GST) Council meeting that held on 16/12/2017 through video conference about the implementation of e-way...
Data scan to be planned by GST Network to identify tax fugitive
With already 10 million taxpayers registering themselves on Goods and Services Tax (GST) Network i.e. GSTN. The IT backbone of...
GST relief for home buyers; realtors warned
VISAKHAPATNAM: In major relief to property buyers, especially apartments, Goods and Sales Tax (GST) authorities have warned realtors and construction companies of...
NHB pitches for lowering GST rate for affordable housing
MUMBAI: The housing finance companies’ regulator National Housing Bank is in talks with the authorities to lower the effective Goods & Services...
GST-FAQ’s Functionality will be introduced in return Dashboard
Goods and services tax network (GSTN) said it has introduced a functionality which simplifies the returns filing process for taxpayers....
Revise Trans-1 by 27th December to ensure bonafide credit claimed
The finance ministry on Tuesday urged businesses to revise any wrongful claim of tax credits from the previous indirect tax...
Clarification from GST Network regarding GSTR-1
The taxpayers whose aggregate turnover during preceding financial year exceeded Rs. 1.5 crore or the new registrants who estimated their...
GST to make travel packages cheaper next off tax credit’s review
Soon travel packages to become cheaper. The government is looking at a proposal to allow tax credits to tour operators,...
GSTR-6 can now be filed on GST Portal by Input Service Distributor
Goods and Services Tax Network (GSTN) alleged that Input Service Distributor can now file monthly return form GSTR-6 on the...
Filing GST Refunds give a hard time to Industrialists
The industrialists in Tirupur are still facing a hard time in filing Goods and Service Tax (GST) refunds in GST...
New slab for tax rate to be formed merging 12% and 18%
Goods and Services Tax (GST) Council would explore the possibility of merging the 12% and 18% and forming a new...
Recommendations made by GST Panel to Finance Secretary
Goods and Services Tax (GST) was implemented in July 2017. Since then the government is trying to make changes in...
Good news for importers of food, cosmetics will get refund on excess GST
Importers of food i.e. unsold inventories of imported chocolate, confectionery and cosmetics, which attracted 28% Integrated Goods & Services Tax...
Filing Complaints for Anti-Profiteering is a Troublesome Task
If you are aware of any firm who is raising prices after reduction in Goods and Services Tax (GST) or...
Under GST regime Indian Oil to take 4,200 Crore Hit
Indian Oil Corporation (IOC) is seeing the impact of Goods and Services Tax (GST). Nearly Rs. 4,200 crore as they...
Opportunities for Indian CA’s as UAE to implement VAT
United Arab Emirates (UAE) will be introducing Value Added Tax (VAT) from January 1, 2018. After UAE, other Gulf countries...
First budget post GST is probable on February 1
India’s first post Goods and Services Tax (GST) budget is probably on 01/02/2018. The Budget session of Parliament may begin...
Matching of GST Invoices, returns to start soon
The government will soon start the process of matching returns and invoices under the Goods & Services Tax (GST) as...
15th Finance Commission to be set up by the Cabinet
The Union cabinet on Wednesday approved the setting up of the 15th Finance Commission, which will decide on the distribution...
CBEC Advised FMCG to pronto revise MRP of Products
The Central Board of Excise and Customs (CBEC) has written to Fast-Moving Consumer Goods (FMCG) companies to pronto revise the maximum...
GSTR-3B can be edited for August, September from November 20
Goods and Services Tax Network (GSTN) will be launching a facility for businesses to make changes to their August and...
Rules of Anti-profiteering under GST by Next Month
With time government is trying to provide relief to consumers by slashing Goods and Services Tax (GST) rates. It is...
National Anti-profiteering Authority approved by Union Cabinet
The Union Cabinet has approved National Anti-Profiteering Authority (NAA) under Goods and Services Tax (GST). The main objective behind the...
Changes made after 23rd GST Council Meeting in Guwahati
The 23rd meeting of Goods and Services Tax (GST) Council has made certain amendments in the date on November 10,...
23rd GST Council Meeting on November 9 & 10, 2017
The 23rd Goods and Services Tax (GST) Council Meeting held in Guwahati on November 9-10, 2017. The meeting sops for...
Monthly GST Filing process may be reviewed by the Government
The government may review the pattern of monthly GST (Goods and Services Tax) Filing every month under GST regime. The...
How to prepare offline file for filing GSTR-2?
In the following article we will be illuminating steps through which you can prepare offline file for filing GSTR-2. First...
6 New accomplishments now available on GST Portal
Some new accomplishments have been introduced on Goods and Services Tax (GST) Portal which will be a helping hand for...
How to Convert GSTR-2 JSON File to Excel Format?
In the recent course of time, taxpayers are taking a lot of time to comply with Goods and Services Tax...
Due date extended for filing GST TRAN-1 till November 30
As per a tweet by official twitter handle of the GoI for the queries on Goods and Services Tax (GST),...
Input Tax Credit (ITC)-04 Due Date has been Extended
With reference to twitter handle of the GoI for queries on Goods and Services Tax (GST), the due date has...
Exporters who paid GST can claim for Refund This Week
From this week, exporters who paid Goods and Services Tax (GST) can claim for refunds for the month of August...
GST Rate on restaurants to be cut off by next month
Seems like a good news is on its way subsequent to Diwali. The Goods and Services Tax (GST) rate on...
Notifications Passed in Relation to 22nd GST Council Meeting
Payments Exempted under Reverse Charge Mechanism Exempts payment of tax under reverse charge basis in terms of section 9(4) of...
Rs 8,000 crore discharged to States for GST related Income Setback
For the Goods and Services Tax (GST) related shortfall in the revenue for the month of July-August period Rs. 8,000...
Petroleum and Oil sector soon to be Inclusive of GST
In the 22nd GST Council meeting, few important recommendations were offered for different industries which also included petroleum and oil...
Forgot to Upload Invoices in GST R-1? Don’t Worry We Got You Covered
If you are a supplier and somehow forgot to upload invoices issued to a registered recipient in Goods and Services...
22nd GST Council Meeting- Key Decisions
The 22nd GST Council Meeting was held at New Delhi on the 6th of October 2017. In the meeting, various...
Timelines for Various Date Extensions and Exemptions to Various Services under GST
In recent updates, the Government has extended various timelines and has also given exemption to specified services, as mentioned below....
Government may Grant Relief by Reducing Annual GST Filings
As per the current Goods and Services Tax (GST) regime, GST taxpayers must file 3 statements for each month (GSTR...
Changes in the Rates to be seen in the Market from October
The Government has been trying to make revolutionary changes in the market by launching new rules and acts. Since then...
TDS, TCS deductors can apply for GST registration from 18 September
The goods and services tax (GST) registrations for entities mandated to collect and deduct tax at source will start from...
Last Date Extended for Filing GST Returns
GST Implementation Committee (GIC) has extended the last date for filing GSTR1, GSTR2, and GSTR3 for the month of July....
Cess Increase on Luxury Cars
The Goods and Services Tax (GST) Council on August 5, 2017, had approved a proposal to change GST Compensation Law...
No GST on Tickets of Films Shot 50% in Uttar Pradesh
The Uttar Pradesh government will not charge the Goods and Services Tax (GST) on tickets of films of which more...
No GST on Tickets of Films Shot 50% in Uttar Pradesh
The Uttar Pradesh government will not charge the Goods and Services Tax (GST) on tickets of films of which more...
Businesses can File Returns, Pay Taxes for July on GSTN Portal
Businesses can start filing their first tax return under the new Goods and Services Tax GST regime as the GST...
Demonetisation and GST to Make Cash Dealings Tough
The impact of the demonetization drive and the rollout of the goods and services tax will make it tough to...
Proposal To Refund Central GST on Goods Made In Excise-Free Zones
A proposal to refund central goods and services tax on items made in formerly excise-free zones in Himachal Pradesh, Uttarakhand,...
GST Reduced Taxes for Commodities Consumed by Weaker
The Goods and Services Tax (GST) regime has reduced the tax rates of most commodities consumed by the weaker section...
IGL Raises CNG, PNG Prices on GST Impact
Indraprastha Gas Ltd, the sole supplier of natural gas as automotive and kitchen fuel in Delhi and its suburbs, on...
GST: Anti-Profiteering Body to Only Scrutinize Cases of Mass Impact
The proposed anti-profiteering authority under the new goods and services tax (GST) regime will take up for scrutiny only those...
Congress to Launch Week-Long Anti-GST Campaign in Delhi on Jul 30
The Delhi Congress will launch a week-long anti-GST campaign on July 30 at all the major markets of the city,...
GST Networks to Analyse Statistics of Registered Taxpayers
Three weeks into the new tax regime, the Goods and Services Tax Network (GSTN) has said that it will analyze...
Government Raids Two City Malls to Check GST Compliance
In the first such action ever since the Goods and Services Tax (GST) came into effect, the food supplies and...
Deadline for GST Composition Scheme Extended Till 16 August
The government on Friday extended the deadline for small businesses to opt for the composition scheme in the goods and...
GST Council May Take Up Certain Tax Issues at August Meeting
The GST Council at its meeting next month is likely to take up taxation issues raised by sectoral bodies along...
Revised MRP Rates Released Under GST (Goods and Services Tax)
There has been a substantial confusion in the change of MRP (Maximum Retail Price) of the goods under GST. According...
Cabinet Clears Draft Bill to Replace GST Ordinances for J&K
The Union Cabinet on Wednesday approved a draft bill to replace ordinances that were promulgated to introduce the goods and...
Services Provided by Smaller RWAs are Exempt From GST
To clear some of the ambiguities created by the implementation of Goods and Services Tax (GST), the government has been...
18% GST on hotels with room tariff less than Rs 7500
Whether the hotel is a five star or not, if its room rent is 2500 rupees per day or more...
MCA Notifies Companies (Meetings of Board and its Powers) Second Amendment Rules, 2017
Ministry of Corporate Affairs notifies Companies (Meetings of Board and its Powers} Second Amendment Rules, 2017 dated July 13, 2017....
GSTN Portal to be Ready for Invoice Uploading From July 24
The Goods and Services Tax has kicked in from July 1 and so far, the GST Network, the company handling...
Integration of 'Khan-Pan' will not work in the Restaurants
Under the guise of a new tax regime, you can screw up overcharging and bribery rigging on the part of...
GST and Mobile Phone Bills: Impact on Post-paid and Pre-paid Users
From July 1, all the mobile phone users will have to shell out more for their mobile phone usage. The...
Pre-GST Discounts get Maharashtra 16% More Sales Tax in Three Months
Though the state has incurred losses with many state government taxes being subsumed in Goods and Services Tax (GST), the...
Textile Traders in Ahmedabad on Indefinite Strike Against 5% GST
Textile traders in Ahmedabad will go on an indefinite strike from Monday to mount pressure on the government to roll...
E-way Bill System in GST to Come from October
The goods and services tax (GST) provision, requiring any good more than Rs50,000 in value to be pre-registered online before...
E-way Bill System in GST to Come from October
The goods and services tax (GST) provision, requiring any good more than Rs50,000 in value to be pre-registered online before...
Government warns manufacturers, new MRP stickers if not imposed
If the new MRP sticker is not imposed after the GST is applied on the surviving old goods, then a...
Understand what is GST's input tax credit system
GST has been implemented, but many small businessmen who have not yet registered and those businessmen who have a provisional...
GST, subsidy cut will increase domestic gas prices
People will have to loose their pockets to buy LPG gas cylinders from July. Due to the reduction in GST...
Whether or not the GST will benefit, it depends on the state where you live
On Friday night, India imposed the largest tax reform on its land, with the introduction of Goods and Services Tax...
GST will be implemented from midnight, firstly these people will be impacted
On Friday night, like the clock fork will play 12, the new tax system Goods and Services Tax (GST) will...
Rates of groceries, households and personal care products will not change soon
Most of the grocery, household and personal care products, prices of Goods and Services Tax (GST) will remain as long...
Offer rains before Implementation of GST, cell market in Big Bazaar since July 1
There are only two days left to implement GST. In this way, across the country from Big Bazaar to Amazon,...
GST will change the online shopping experience from July 1
With less than a week left for the rollout of Goods and Services Tax (GST), e-commerce retailers are trying their...
Tax burden on railway from GST, appeal to FM
Indian Railways can also face some problems with Goods and Services Tax (GST). This can increase the cost of railway...
Registration Goes Hectic As Gst Portal Down
Thousands of business people trying to get the registration of Goods and Services Tax (GST) are facing a lot of...
E-commerce companies will not be required to charge TCS nad TDS under GST
The government has postponed an important provision of GST. Under this, it was necessary for the e-commerce players to deduct...
The tax burden will increase on the flat land of cheap land!
Under the GST, there is a provision of tax concession in the real estate projects that the land value is...
More than 1 lakh jobs will be created immediately from GST
With the introduction of GST, where there is talk of being easy for businessmen on one hand, there is a...
RBI's new order on Provisioning will take 50,000 crore Shock
The Reserve Bank of India surprised the banks on Friday night. For the cases being taken to the banker's court,...
After GST: Telecom, banking and hotel services will be expensive!
After the implementation of the goods and services tax (GST) from July 1, many services can be expensive. Just a...
Courier Cos Say E-Way bills Defeat the GST Spirit
Express logistics players on Wednesday hit out against the e-way bills provision under GST, saying the extra paperwork and processes...
Government Launches Webpage to Facilitate IT, Electronic Goods Taxpayers
In order to ensure preparedness for the Goods and Services Tax (GST) roll-out from July 1, the Ministry of Electronics...
Companies Registration Will May Get Cancelled if they Fail to Pass GST Benefits to Consumers
Any business entity that fails to pass on benefits of lower taxes under the goods and services tax (GST) to...
GST Council's Official Website Launched
Much-awaited nation-wide tax Goods and Services Tax (GST) will be rolled out on mid-night of June 30 and will come...
GST: Firms Face Ban for Not Sending Out GST Benefits to Consumers.
The Government has endangered to cancel the registration of entities that do not pass on gains from GST to consumers....
Customers who do not have the benefit of GST will be canceled
The traders who do not give customers less tax benefits under the Goods and Services Tax (GST) will have to...
CBEC Notifies One More Category to be Exempt from Taking Registration under GST
CBEC vide Notification no. 5/2017 -Central tax dated 19th June 2017  specifies the persons who are only engaged in making...
CBEC Notifies Certain Sections of CGST Act, 2017 w.e.f. 22.06.2017
CBEC vide notification no. 1/2017 -Central Tax dated 19th June 2017 appoints the 22nd day of June, 2017, as the date...
GST Migration to be Reopened on 25th June and will Remain Open Beyond 1st July
GST registration (migration) window shall reopen on 25th June, 2017 and continue to reopen for three months and all the...
Want To Relax In GST, Do It Till June 30th 2017
Millions of traders migrating to GST from current tax regime like excise and VAT are currently undergoing both adventure and...
Major Takeaways of GST Council Meeting held on Sunday
The largest Indirect Tax Reform in the country will be applicable from July 1st. The GST Council, the top unit...
Flats standing on the verge of being ready due to GST
If you are paying the installer for installments for your flat then you may have to pay 12% GST after...
Clothing retailers giving huge Discounts to the stock before GST
Many retail companies have made huge cuts in the price for the stock. Goods and Services Tax (GST) will be...
Price of many essential Medicines can Increase with GST
Since the introduction of Goods and Services Tax from next month, the price of essential medicines may increase up to...
GST Council revises rates for 66 items
India's most comprehensive indirect tax reform — the goods and services tax (GST) — is inching towards a July 1...
Great Relief to Small Traders and Restaurants in GST
Under the Goods and Services Tax (GST), traders, manufacturers and restaurants or Dhabas, who are doing business up to Rs...
Know! How Cement Under GST Get Cheaper?
The indirect tax structure on cement has always been a subject matter of discussion amongst industry members, Government officials and...
15th GST Meet Held to Decide Tax Rates On Gold, Textile and Footwear
Goods and Service Tax (GST) Council cleared the pending rules, including transition provisions and returns, with all states agreeing to...
GST Council meet to Finalise Gold & Textile Rates
Today GST council is going to finalise taxes to be levied on six commodities, including gold, textiles and biscuits, as...
Bank Charges & Insurance Premium Will Increase After Implementation Of GST
As we all know that implementation of GST would undoubtedly impact one’s personal finances especially when it comes to financial...
GST - A Roadmap From Tax - Evasion To Tax - Complaint
Finance Minister, Arun Jaitley said that GST to be enacted in over a month, will not only check evasions but...
Flat maintenance charge would be more pricey in GST
GST regime will roll out from July 1, apartment owners have to pay about 2.5% additional tax on maintenance charges....
Here's is list of items falls under different slab rates of GST
The Goods and Services Tax (GST) Council on Thursday fixed tax rates on 1211 items, most of which likely become cheaper...
Prime Minister to count the GSTs in foreign travel to woo Investors
Prime Minister Narendra Modi can keep the words of the new Goods and Services Tax (GST) in front of the...
Banking Transaction Will Hurt More To Your Pocket From July
Transactions fees of financial services become more expensive after government may put 18% tax in the new (GST) regime. According to one...
How much tax on the product, know-rate of GST
GST Council has fixed a tax slab while stepping in to implement the new tax system. Probably, with the Goods...
Goods and Services Tax (GST) Will Give Push to Organised Gold Trade
With the introduction of Goods and Services Tax (GST) in July, many opportunities for gold trade can open in the...
One-third of State Taxes To Stay Out of GST
The process of implementing the 'biggest economic recovery' of GST from July 1 is going on fast. Even though the...
Goa assembly meet to ratify GST Bill
On Tuesday, Goa legislative assembly will sit for a special session to ratify the Goods and Services Tax (GST) Bill,...
Goods and Services Tax Network (GSTN) is carrying out a pilot test on return filing.
GSTN is conducting a pilot test on return filing. It will be a live test using 4,000 taxpayers.Once the goods...
Possibility of a Shortage of Medicines occur at the Time of GST
Patients are worried about the possibility of a shortage of medicines because stockists and trade channels, uncertain about modalities of...
Suppliers of Goods/ Services in GST may be taxable as ‘casual taxable persons
Casual Taxable Person- means a person who occasionally undertakes transactions involving supply of goods/ Services in the course or furtherance...
Two Rates For Services Under GST
Government makes two slabs for services under GST, with segments such as transport facing a lower levy compared to 18%...
Customs Duty on Imported Mobile Phones Hit Due To Impact of GST
The government hit customs duty on imported mobile phones after switching to the goods and services tax (GST) regime as...
GST: Record of lost or stolen Goods, free Samples and Gifts to be Maintained
A record of goods lost, stolen or destroyed as well as those given as free sample and gifts will have...
Friendly Advance ruling Mechanism to smoothen Ride under GST Regime
India is planning a significant shift toward a litigation-free environment under the GST regime, creating a liberal mechanism that would...
States asked to Pass GST bills by May-End
GST council chaired by finance minister Arun Jaitley has urged states to approve state GST laws by the end of...
Government Plan to keep Single Rate for each Product group to avoid GST Problems
After having opted for multiple rates under the upcoming goods and services tax (GST) regime, India is now looking to...
E-way bills may make GST highway bumpy
Moving goods worth more than Rs 50,000 under GST will require prior online registration of the consignment and securing an...
Consumer Goods to become Cheaper under Proposed GST Regime
As GST is on edge of applicability from 1st July 2017, everyone just try to analyse its impacts on various...
70% of all goods and some consumer durables to become cheaper under proposed GST regime
A number of goods such as cosmetics, shaving creams, shampoo, toothpaste, soap, plastics, paints and some consumer durables could become...
Taxpayers to be rated on GST compliance
Taxpayers registered under the new goods and services tax (GST) regime that is set to be implemented from 1 July...
GSTN WILL SEE 300CR INVOICES MONTHLY
The GST system which will be maintained by the Goods and Services Tax Network (GSTN), a not-for-profit company, is the...
Government ready to roll out GST from July 1, gave industry enough time
The government is pushing for rolling out goods and services tax (GST) from July 1 and industry has been given...
Education, healthcare to be out of GST
Education, healthcare and pilgrimages will continue to be out of service tax net even under the GST regime as the...
GST council clears bulk of rules, to get ready for new tax regime
The prospects of a 1 July rollout of the goods and services tax (GST) brightened further on Friday. The thirteenth...
GST Enrolment deadline extended by one month to 30th April 2017
As a pre-requisite to shift to Goods and Services Tax (GST) Regime, every existing tax payer is required to migrate...
GST: Pooling sovereignty, promoting federalism
29 March 2017 must be recorded as one of the most significant days in the history of federalism in India....
GST: The final countdown begins
With the Lok Sabha passing four bills related to goods and services tax (GST) on 29 March, the stage is...
FM says GST will have No Impact on Inflation
Allaying apprehension of spike in prices of goods and commodities after the roll out of the GST, Finance Minister Arun...
Amenities to employees outside CTC may trigger GST liability
An employer-employee relationship is something which is no longer the sole purview of the HR department. Under GST, which is...
Govt seeks powers to levy GST on all rental income
The government is arming itself with powers to levy goods and services tax (GST) on all rental income but is...
GST Bills introduced in Lok Sabha, to be cleared on Wednesday
The four Bills that would operationalise the rolling out of the Goods and Services Tax (GST) were tabled in the...
GST legislation enters the final lap
NDA government is poised to introduce the last batch of GST legislations this week in Lok Sabha, probably as early...
CBEC to be renamed, reorganised for GST regime
The Central Board of Excise and Customs (CBEC) will be reorganised for the implementation of the Goods and Services Tax...
Working Groups set Up By CBEC For Addressing GST Issues
The Central Board of Excise and Customs (CBEC) set up working groups to address concerns raised by trade and industry...
Petroleum under GST, will apply after states agree
Petroleum products would, however, continue to be taxed as per the current taxation regime until the GST Council agrees on...
Protect tobacco farmers' interest in GST laws
Farmers' body FAIFA asked Finance Minister Arun Jaitley to protect interests of Indian tobacco farmers while formulating GST laws. The Federation...
Service contracts set to be renegotiated under GST
Some of the service contracts are set to be renegotiated under the goods and services tax (GST) framework as it...
ITC surges 7% on fresh development on GST, upbeat brokers
Shares of ITC and other cigarette makers soared up to 7 per cent in the morning trade on Friday amid...
GST council clears last two bills, caps cess on demerit goods
GST council has cleared the state and union territory GST bills and capped cess on luxury cars (15%), aerated drinks...
GST implementaion worries small scale industries
Small scale industries of the region fear a drop in production and profitability due to subsuming excise exemptions and increased...
Biscuit makers seek exemption under GST
The inclusion of low-priced glucose and other biscuits under the proposed Goods and Services Tax regime will probably lead to shutting...
GST going to be more complicated for banks
Many banks and financial institutions may be in a lot of trouble as they could just see the complexity in...
GST- A Big rejoice for restaurants
There is a reason to rejoice for foodies. Eating out at food joints and small restaurants will become economic with...
11th Meeting of GST Council Reflect India's Federalist Character
The GST Council at a meeting on Saturday broadly agreed on the contours of two key legislations CGST and IGST - but...
Tamil Nadu ready for GST rollout on July 1
Tamil Nadu is ready to roll out the goods and services tax (GST) on July 1, the scheduled date, for which...
5% levy on small eateries, GST Council decides
The states and the Centre on Saturday decided on a 5% levy on dhabas and small restaurants under the goods...
Most companies may be struggling with GST
For the first time the government seems to be prepared for goods and services tax (GST) but the corporate world...
SAP launches “GST in a Box” to help SMEs
After a decade-long wait, India will finally implement the Goods and Service tax this will help to remove tax barriers...
GST Council has decided to peg the peak tax rate at 40%
India has decided to peg the peak goods and services tax (GST) rate at 40% in the legislation instead of...
GJF raise voice for lower GST on Jewellery
Nodal jewellery trade body, All India Gem & Jewellery Federation (GJF), has met a dozen state finance ministers over the...
Voila! CBEC launched GST mobile app
Central Board of Excise and Customs (CBEC) has launched a mobile application for Goods and Services Tax (GST). This app enables...
Don't Miss GST Deadline: You May Loose Some Benefits
Submitted by Tax_centrik on 21/02/2017 The Government is striving hard to meet its ambitious target to roll out a pan...
GST delayed, rollout now likely on 1st June
The rollout of GST is likely to be delayed by two or three months, the government is yet to finalise...
GST- Major issues of cross-empowerment going to sorted out
Submitted by Tax_centrik on 17/02/2017 States have been given the leeway to tweak the criteria for division of taxpayers after “consultation with...
CAIT to train 5,000 traders as “Masters trainers” for GST
Submitted by Tax_centrik on 13/02/2017 The Confederation of all India traders(CAIT) said it will prepare 5,000 trade leaders across the country as...
1st July appears to be more practical for GST Rollout
Submitted by Tax_centrik on 17/01/2017 GST ninth council meeting comes to an end with major outcomes as it resolved the issue of...
Seventh Meeting of GST Council finalises Central and State GST Laws
Seventh Meeting  of GST Council on its first day of two days started on friday, 22nd December 2016, finalised 197 Clauses...
GST Registrations Starts
Submitted by Tax_centrik on 19/12/2016 As GST would going to implement from April 2017, all existing tax payers registered under Service tax,...
Draft GST Rules has been accepted by GST Council, next meeting due
The draft rules prepared by GST work force has been accepted in pricipal by GST council and the process for...
Government Initiative to Protect revenue loss of states due to GST introduction
The Government is likely to bring new Separate law detailing the Method of Compensating the States for any revenue loss...
GST Secretariat in every state
Goverenment is planning to have State GST Secretariat which will bring together central government and state government offices in one place....
GST Council to discuss on Model GST Law, Today
The GST Council at its two days meeting starting from today will finalise the Model GST law, IGST law and...
GST law shall have anti- Profiteering Clause, rate capped at 28%
In order to Prevent any sudden hike in the price of Commodities after Implementation of goods and Service tax which...
Key highlights of Draft Revised GST Bill
Draft revised Model GST law excluded "Securities" from the definition of goods. Earlier it was a matter of contention whether...
Govt. releases drafts of revised Model GST, IGST and GST Compensation Laws
Government has released the revised Model GST law, Draft IGST law, and Draft GST Compensation law, in public domain. These...
GST Portal launched w.e.f 8th November 2016
The govt. has launched GST portal (www.gst.gov.in). The state wise schedule for GST registration is hosted on the website. Government...
GST Rates finalized to 5%, 12%, 18% & 20%
The country moved one step ahead in realizing the dream to roll out GST successfully from 1st April 2017 ,as...
Two days GST meeting start from today
Long awaited GST council meeting ready to take decision on some crucial matters begin from today to discuss on the...
GST Council: Centre, states toughen stands ahead of meet
As the GST Council meets here on November 3-4, both the Centre and states seem to have hardened their positions...
GST Network to borrow Rs 800 cr from banks to fund GST infra building cost
GSTN. a non for profit organization, non-government, private limited Company promoted by government with mandate to build IT support for...
Govt Sources say cess is a better option than high tax rate
Earlier States objected to the use of GST collections (cess on GST) to finance revenue loss compensations to the states...
Payment of GST through Debit and Credit Cards
Revenue Secretary Hasmukh Lal said that GST can be paid online using debit or Credit Cards. Tax payers can use...
Existing Tax payers can start migrating to GST from Nov 8
GST Roll out- 80 lakh existing tax payer of Excise, Service tax and VAT can start migrating their registration from...
States Object for Imposing Cess on Ultra Luxary and Demerit goods under Proposed GST
The Proposal from the Centre that triggered Objection from states was the Imposition of Cess on Ultra luxury and demerit...
Outcomes of 1st day of GST Council Meeting started on 18th October 2016
Finmin Arun Jaitly Chairing three days Meeting of GST Council started tuesday on 18th october 2016 had proposed following at...
Government of Assam Made Available Process Of Getting Provisional GSTIN
Government of Assam vide Circular no. 9/2016 dated 13/10/2016 had made available the procedure of getting provisional GSTIN. The tax...
Higher GST Rate On Polluting Items
Finmin Arun jatily said GST rate will be distinct for environment unfriendly products, move to boost funds for climate financing.The...
Operating Cost Of GSTN To Be Funded By User-Fee
The GST Council, chaired by Union finance minister Arun Jaitley, is already working towards finalizing the structure of the new...
GST Suvidha Provider (GSP) -Bridge Between The Common Portal And The Tax Payer
Goods and Service tax Network (GSTN) a company entrusted to develop the Logistic and IT backbone for the new tax...