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Indian Long-Awaited Single Indirect Tax Bill Signed Into Law

What is GST (Goods and Services Tax)? The biggest indirect tax reform since 1947…

Indirect Tax: Qualifications and credit framework ; level 3 diploma in accounting I Find it on the shelf: 657 I Chaffron Way

As a consumer one must be aware of what we are being charged for and what goes out of our pocket when making any payment. The most important factor affecting our spending is the Goods and Services Tax (GST). But do we all know what GST is really all about? Meaning of Goods and Services Tax (GST) GST is a comprehensive indirect tax which will be levied on the manufacture sale and consumption of goods and services. It will be applicable to the whole of India. This tax will replace all the…

Health Foods Market In India Crosses 10,000 Crore In Revenue Goods and Services Tax bill also known as the Constitution bill proposed a national value added tax to be implemented in India from 1st April 2017. It was introduced by Arun Jaitely. It is a comprehensive indirect tax on manufacture, sale and consumption of goods and services for both central and state taxation system. It would be levied at each level of sales and purchase of goods and services based on input tax credit system.

Registration in Goods and Service Tax Law

indirect tax diagram and impact on consumers, producers, government


Rationalised taxation regime resulted in huge surge in tax collection. Tax collection registers an increase of 43.2% in indirect taxes & 22.30% in direct taxes till August in FY 2016-17.

Indirect Tax Update for week ending 08 August 2014 Despite the summer holidays, the Court of Appeal has issued an interesting judgment in a case relating to.