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Here on this page, we have covered almost all the relevant articles based on the Goods and services tax. The GST article posts cover extensive topics concerning registration, GST filing process, Form details, and much more.
GST articles are the most searched topics on google and therefore we have included all of them in one single place. Also, we cover the top and highly popular news related to GST. SAG Infotech has a library of thousands of posts which would offer great help to the taxpayers, tax professionals, and even company executives to get a better understanding of the subject matter.
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The talks about GST implementations is increasing as the next financial year is getting closer. As we know this act shall subsume all other indirect taxes like Value added tax, Central sales tax, Service tax, Countervailing duty, Special Countervailing duty, Octroi, Entertainment Tax, Entry Tax, Purchase Tax, Luxury Tax, Advertisement Tax, Taxes applicable on lotteries etc.
GST is being considered as the greatest tax change in the historical backdrop of free India and is being anticipated as one nation, one tax. Businesses are idealistic that GST will make uniform expense all through the nation.
The migration of old existing Rajasthan VAT Dealers has been started. The time period for the migration was 16/12/2016 to 31/12/2016. In upcoming details, we divided Rajasthan migration process for VAT dealers. In the first step, we explain how to get the provisional Ids. In the second step, we explain that how to convert the provisional Id’s in the GST Id and password. In the last step, we explain what the mandatory requirements while filling GST registration form are.
As you must be aware of the fact that GST roll out is stuck in the way because of several serious issues. The expected roll out is April 2017 but it is quite likely to be stretched till September. GST is a very ambitious project of the Indian Government. The new tax reform has taken two decades to come up and several GST Suvidha Providers have been formed who will provide their services over the GST.
The migration of old existing Haryana VAT Dealers has been done. The time period for the migration was 16/12/2016 to 31/12/2016. In upcoming details, we divided Haryana migration process for VAT dealers. In the first step, we explain how to get the provisional Ids. In the second step, we explain that how to convert the provisional Id’s in the GST Id and password. In the last step, we explain what the mandatory requirements while filling GST registration form are.
GST is one indirect tax for the whole nation which makes India one unified common market. GST is a single tax on the supply of goods and services, credit of input tax paid at each stage will be available in the subsequent stage of value addition, which makes GST essentially a tax only on value addition at each stage. The final consumer will bear only the GST charged by the last dealer in the supply chain, with set-off benefits at all the previous stages.
GST is not an overnight thought in India and it takes patience to introduce any new tax reform as consequently, it affects the economy and the India Inc needed to prepare for it before hand. GST is the first tax reform after the independence. We have waited for two decades to introduce GST in India.
Textile industries play a very important role in the development of the Indian economy with respect to GDP, Export promotion, employment, etc. It is the one of the oldest manufacturing industry in India. It is the second largest industry after agriculture which provides skilled and unskilled employment.
Without uncertainty, the initiation of GST has ended up being the most critical and extensive taxation change that India has ever observed.