GST Center Articles

  • Rethinking Business: Impact of the GST on Working Capital

    Rethinking Business: Impact of the GST on Working Capital

    by on March 23, 2017

    The Goods and Services Tax (GST) will be one of the decisive factors for our economy in the coming years. It aims to put an end to the woes of an indirect taxation system, but many of the clauses of the model law point towards rising business costs. It also pr…

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  • Determining the GST Tax Structure

    Determining the GST Tax Structure

    by on March 22, 2017

    The GST tax structure will bring about a drastic change in current indirect tax system. Currently, tax barriers have created a fragmented Indian market. This has resulted in a cascading effect of taxes on cost which have made indigenous manufacture less profit…

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  • GST Portal

    A Quick Tour of the GST Portal and Enrolment

    by on January 27, 2017

    Goods and Service Tax (GST) is one of the biggest tax reforms in the history of independent India. This is going to transform the way small and medium businesses will operate in India. Despite this massive change the government is planning a smooth transition …

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  • GST

    GST Enrollments Have Begun! Have You Registered Yet?

    by on January 10, 2017

    The migration to new Good and Services Tax (GST) regime is the biggest tax overhaul in the history of the Indian tax system. GST enrollment for service tax assessees has begun on 9th January, 2017, and needs to be completed by January 31, 2017. Many taxpayers…

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  • GST

    GST Council: New Tax Rates and Evaluating Who Has Control Over GST

    by on December 22, 2016

    34% of the total tax collection  in India comes from indirect taxes. With the implementation of GST, the GST Council will ensure that India will see a total overhaul of the indirect tax system. On November 3, 2016, the fixed slabs rates of 5%, 12%, 18% & …

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  • GST Registration

    A Guide to GST Registration

    by on November 23, 2016

    The date of April 1, 2017 draws closer and businesses are eager to understand and follow the new regulations set up by the GST Council.  But where do businesses get started? In this post, we will share a guide to GST Registration with essential information th…

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  • GST

    Will the GST Change the Way You Do Business? Find out Now

    by on November 15, 2016

    The enactment of the GST in April 2017 will enable businesses to enjoy free and easier movements across state borders and be more competitive internationally. Union Minister Arun Jaitley is in the process of introducing a comprehensive GST roadmap through the …

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  • Impact Inflation

    The GST Bill: Will it impact Inflation?

    by on November 4, 2016

    The Goods and Services Tax (GST) has undergone a landmark passage in both houses with a majority of the parties coming to a common consensus. The Goods and Services Tax Bill (2016) has received presidential assent to make a constitutional amendment in the Inco…

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  • GST Bill

    The Road to the GST Bill: How close are we to implementation?

    by on October 27, 2016

    The GST Council, headed by Finance Minister Arun Jaitley, was set up following the President’s assent on the Constitutional Amendment Bill on the Goods and Services Tax. The council has laid the foundation for a uniform and simplified tax regime, the GST, th…

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  • A Breakdown of the GST Bill and what it means for you

    The GST Bill: What it means for you

    by on October 4, 2016

    The passage of the Goods & Services Tax creates a single Indian market entity instead of several sub categories which are then revised for each state. The 122nd Constitutional Amendment Bill 2014 which was passed in both Houses of Parliament with a two-thi…

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