Tagged: gst

Input credit under GST Law

Under GST regime Input Credit available for GST payment will be smooth but will have few conditions and restrictions as in existing Cenvat rule. Below are few area where GST input is either conditional or

India GST Enrollment Schedule for your State

The schedule of the enrollment activation drive for states is given below. We encourage you to complete the enrollment during the specified dates. However, the window will be open till 31/01/2017 for those who...

What is the India GST base Slab rate?

GST Council of India on Thursday, 3rd November 2016 decided the Four-tier GST tax structure of 5%, 12%, 18% and 28%, with lower rates for essential items and the highest for luxury and de-merits...

Benefits of GST to Business

Benefits of GST to economy and business in number of ways: Reduction in cascading and double taxation Reduction in multiplicity of taxes. Neutralize  taxes especially for exports. GST will promote Development of common national market....

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