There are 3 ways to find the revenue neutral rate, this fact stated by the Subramanian Committee. As per the recommendation of Subramanian Committee, 18% is the revenue neutral rate. There are four different rate expected, 5%, 12%, 18%, and 28%. Under GST there is a remarkable change happens. 3 new terms introduced in the tax laws those are;
CGST : CGST refers to …
Much-awaited taxation structure reformation means GST rates in India has been announced by GST Council at Srinagar during the two-days days meeting. Finally, tax rates of various categories goods have disclosed and suspense ended regarding Goods and Service Tax(GST) rates. After the announcement, GST rates. Curiosity is on a boom about knowing changes and impact of GST on those changes on the industry. Everyone wants to …
From 1st July 2017 GST Registration will start. It is mandatory for all eligible taxpayer, who comes under GST. They should register before the GST monthly return of September month. In this article, you will get information about all the required documents & GST registration required documents. Is GST Registration mandatory for me? If a person or an organisation doing the supply of goods …
Goods and Service Tax (GST) in India
From the inception of Modi Government, India is Experiencing remarkable changes and one of such change is ahead to be launched in the history of the Indirect tax system in India, that historical change is GST is one indirect tax for the whole nation, which will make India one unified common market. GST is …
In this article, we will bullet information about the " Top points of GST ". India is famous for its horrible tax system. That is the biggest burden for the new businesses and startups to go through from this various direct tax and indirect tax. Regular changes in the tax rates make scenario much worst. Now one revolutionary change is going to happen …