Tag: july

GST: 7 vows for the “seventh month” – COUNTDOWN BEGINS!

The most talked, the most tweeted, the ever trending topic from the galleries of Dalal Street to the Houses of Parliament, from the tea gardens of East to the coffee plantations of South, GST is here to kick-start its journey. It is now few hours left for the historic GST to be launched in a

What is the new GSTR-3B? Should I be worried?

The rumors and myths regarding the extension of GST implementation schedule do not hold good at this stage as the government is all set to roll out the new indirect tax regime from 1-July-2017. The 17th GST Council Meeting that concluded on 18-June-2017 came out with a number of major decisions. A welcome decision taken

GST: 1-July-2017 approaching, not yet registered, what next?

Any person should take a Registration, within thirty days from the date on which he becomes liable to registration, in such manner and subject to such conditions as may be prescribed. Every person who makes a taxable supply of goods or services or both and whose aggregate turnover exceeds the threshold limit of Rs. 20

GST: Common myths busted!

Every coin has two sides and so is with GST. There are both positives and negatives of the new GST system that will turn around the indirect tax system in India. India is a latecomer in the league of GST system as the Goods and Service Tax is already prevalent in 150 countries across the