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Quest 2

Read more here : https://t.co/nqzYSHTXie The salient features of the Bill are as follows: g. Conferring simultaneous power upon Parliament and the State Legislatures to make laws governing goods and...

August 23, 2018 5
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Quest 2

The major features of the proposed registration procedures under GST are as follows: i. Existing dealers: Existing VAT/Central excise/Service Tax payers will not have to apply afresh for registration under...

August 23, 2018 5
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Quest 2

The major features of the proposed returns filing procedures under GST are as follows: a. Common return would serve the purpose of both Centre and State Government. b. There are eight forms provided for...

August 23, 2018 5
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Quest 2

The major features of the proposed payments procedures under GST are as follows: i. Electronic payment process- no generation of paper at any stage ii. Single point interface for challan generation- GSTN...

August 23, 2018 5
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Quest 2

GST is being introduced in the country after a 13 year long journey since it was first discussed in the report of the Kelkar Task Force on indirect taxes. A brief chronology outlining the major milestones...

August 23, 2018 5
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Quest 2

At the State level, the following taxes are being subsumed: a. Subsuming of State Value Added Tax/Sales Tax, b. Entertainment Tax (other than the tax levied by the local bodies), Central Sales Tax (levied...

August 23, 2018 5
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Quest 2

At the Central level, the following taxes are being subsumed: a. Central Excise Duty, b. Additional Excise Duty, c. Service Tax, d. Additional Customs Duty commonly known as Countervailing Duty, and e....

August 23, 2018 5
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Quest 2

 For Central and State Governments o Simple and easy to administer: Multiple indirect taxes at the Central and State levels are being replaced by GST. Backed with a robust end-to-end IT system, GST would...

August 23, 2018 5
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Quest 2

The benefits of GST can be summarized as under:  For business and industry o Easy compliance: A robust and comprehensive IT system would be the foundation of the GST regime in India. Therefore, all...

August 23, 2018 5
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Quest 2

GST is one indirect tax for the whole nation, which will make India one unified common market. GST is a single tax on the supply of goods and services, right from the manufacturer to the consumer. Credits...

August 23, 2018 5
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Quest 2

GST Law has been passed check here for more GST info: https://t.co/AESWU4mP3H

August 23, 2018 5
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What are the major features of the proposed returns filing procedures under GST?
August 23, 2018 2
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GST Queries

Is it mandatory to put HSN or Accounting code against each item? I have read under rules that Taxpayers whose turnover is below Rs. 1.5 crores are not required to mention HSN Code in their invoices....

August 23, 2018 2
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GST Setup fee

what is fee ?

August 23, 2018 2
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What are the major features of the Constitution (122nd Amendment) Bill, 2014?
August 23, 2018 2
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What are the major features of the proposed registration procedures under GST?
August 23, 2018 2
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How will IT be used for the implementation of GST?
August 23, 2018 2
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How will imports be taxed under GST?
August 23, 2018 2
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Will cross utilization of credits between goods and services be allowed under GST regime?
August 23, 2018 2
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How will be Inter-State Transactions of Goods and Services be taxed under GST in terms of IGST method?
August 23, 2018 2
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