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

“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

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

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

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

With a vision to increase the share of manufacturing in the country’s GDP from 16% to 25% by 2022, the Indian Government has launched various incentive schemes and