Returns of GST – An overview

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GST return filing under GST regime seems to be horror dreams to the businessmen. People are unaware of the various returns to be filed under GST. They also heard that they have to submit 37 returns per annum. It is true that all the registered dealers have to file the returns as describe below as […]

Goods and Services Tax– What you must know

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Finally, GST (Goods and Services Tax) bill is passed in Lok Sabha and Rajya Sabha and we reached closer to implementation of the new tax reform from 1st July 2017. It is being called a revolutionary bill that will benefit all means a win-win situation for the entire country. On the one side it will […]

KEY FEATURES OF PROPOSED GST

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Many other countries are having single unified system of GST, but due to non consensus between the Central and State Government in India, India shall adopt a dual GST Model. The proposed GST shall be dual GST, i.e., CGST and SGST, where Centre and States will simultaneously levy GST across the value chain. On the […]