Understanding GST (Part I)…

The countdown to the implementation of Goods and Services Tax (GST) has begun with Bihar becoming the second state to clear State GST (SGST) bill today after Telangana. The Parliament has already passed the centre GST (CGST) and Inter-state GST (IGST) late last month. A look at the bill and various complexities attached to it.. GST … Continue reading Understanding GST (Part I)…
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Understanding GST – Part III..

The finalisation of tax rates by the GST Council yesterday marks probably the most critical milestone towards implementation of GST. Contrary to apprehension of deadlock, decision over tax rates turned out to be relatively smooth with a pragmatic give-and-take approach adopted by both Centre and the states. The decision also paves the way for passage … Continue reading Understanding GST – Part III..
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GST – Towards a National Market.. (Part I)

Passage of constitutional amendment bill related to Goods & Services Tax by Rajya Sabha today is a historic event for the Indian economy and is the culmination of years and years of hard work by probably the largest set of stakeholders. The tax, first announced in the Budget Speech in 2006, was proposed to be implemented … Continue reading GST – Towards a National Market.. (Part I)
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