The Impact of GST on E-Commerce Business

E-commerce is a revolutionary concept that has changed the scenario of doing business breaking the geographical boundaries and providing ample convenience to the consumers. It was not long back that the term e-commerce was unheard of, but today it
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GST Important Points

GST related certain important points to noted are : # GST will be implemented on 1.7.17 # Types of taxation in GST IGST : Integrated GST CGST : Central GST which with replacement CST SGST : State GST which will replace
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Reverse Charge under GST

“Reverse Charge” means the liability to pay tax is on the recipient of goods or services instead of the supplier of such goods or services in respect of certain categories of supplies as notified. Under the service tax provisions,
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Effect of Input Tax Credit in GST

Intro: Input Credit is a great way for linking the payment of taxes of the buyer and the seller. It also ensures that there is uninterrupted flow of credit throughout the country from the manufacturers to the sellers of
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Cabinet approves four GST Bills

The Union Cabinet has approved the following four GST related bills: 1. The Central Goods and Services Tax Bill 2017 (The CGST Bill) 2. The Integrated Goods and Services Tax Bill 2017 (The IGST Bill) 3. The Union Territory
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GST – States to continue tax incentives in Auto Sector

State Incentives are offered by State Government under the Industrial Promotion Schemes, known as Package Scheme of Incentives (PSI) in Maharashtra. The purpose of these schemes is to attract investments in the State for industrial development and employment generation.
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