GST

GST on NPO: Non-profit organization is an organization which has an objective of charitable purpose. Trusts, foundations, unincorporated associations and in some jurisdictions specific types of companies, may be established for a charitable…

All About the Concept of Distinct Person in GST, Distinct Persons by reference to how CGST Credit of one state cannot be used in other state. All About the Concept of Distinct Person in GSTUnder GST a new concept of distinct person…

Exports under GST - Drawback, Refund of IGST, Export Procedures. The purpose of this article is to bring clarity about the impact of GST, which would come into force with effect from 01.07.2017, for importers and exporters. Export would be…

Synergistic effect of GST in India: GST is a sensible and identified terminology in all over India. This term is popular in such a way through which most of the people can understand. Here, the term synergistic outcome means a better…

Role of CS in GST, Company Secretary Role in GST Law 2019. Role of CS Under GST Law. The Role of Company Secretaries under GST is enormous and it will increase once Company Secretaries will be recognized under section 42 (Tax Audit) and 50…

GST Composition Rules 2019: CBEC Release GST Composition Rules in new GST Bill 2019. Check Rules of  Composition under GST Regime. CBEC release revised Composition Scheme Rules Updated till 1st Feb 2019. In this article you may find…

GST Accounts & Records: Introduction of GST as a new indirect taxation regime would be advantageous to the entire community including citizens, Government as well as the trade bodies. With the implementation of GST, the tax system would…

Poor Patients, Healthy Hospitals with Dr. GST? A contract for medical treatment, especially indoor treatment is a composite contract, necessarily involves supply of medicines, surgical items, stents, implants, valves etc. without which a…

 Negative List of Supply, Non Taxable Supply, Exempt Supply under GST: As per section 7(2) (a), activities or transactions specified in Schedule III, shall be treated neither as a supply of goods nor as supply of services. Activities…

GST will be the biggest reform in the Indian tax legislature. It can rightly be given nomenclature as the “Sanjeevni” for the ailing Indian Economy. As the business and trade of the country gears up to take in stride a vast array of…