The Lok Sabha will be discussing four GST bills i.e. CGST, UTGST , IGST and Compensation today. Read key changes between what was proposed as the Model Draft GST Law and the Bills that were tabled.
By CA Pritam
4 Critical Implications of GST on the Banking Sector
The implementation of GST in banking is going to be a challenge due to the vast geographical reach of banks and the hiked GST rates in comparison to current service tax rates. Explore 4 critical implications of GST on banking to define your strategy.
By CA Pritam
From Constitutional Amendment Act to GST Bill: 9 Things You Must Know
Is GST applicable on alcohol for human consumption? Will petroleum and tobacco attract GST? What about imported goods an services? What will be the compenstation to states? Read a 9 Point summary on the fundamental of GST Bill: The Constitutional Amendment Act (CAA).
By CA Pritam
11th GST Council Meeting : What the PIB Release Says and What it Doesn't!
The GST Council, in its 11th meeting held on March 4, 2017, decided on some key contours of the CGST and IGST Acts effectively clearing the deck for their passage in the ongoing Budget Session. Read here to know the full story.