COMPOSITION SCHEME UNDER MODEL GST LAW, ITS IMPACT ON INDUSTRY

INTRODUCTION The New Model GST Law (hence forth “MGL”) as made available on public domain as on 26th┬áNovember 2016 have bring out many changes with respect to the provisions with respect to composition levy. Composition Levy have been present in indirect taxes

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Constitution Amended GST Bill passed by Rajya Sabha

With main opposition Congress and most other parties on board, Rajya Sabha tonight passed a bill to amend the Constitution to facilitate rollout of the historic GST amid government’s assurance that the tax rates would be kept “as low as possible”. The

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Which Taxes Covered under CGST & SGST

Recently, The Union Cabinet approved on 17th December,2014 the proposal for introduction of a Bill in the Parliament for amending the Constitution of India to facilitate the introduction of Goods and Services Tax (GST) in the country. The Government intends to introduce GST from 01 April,

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