GST- Existing 80 Lakhs Assessees To Transfer on GSTN w.e.f 8th November 2016 Approximately, 80 lakhs of the existing assessees of Excise, Customs , Service Tax and VAT will start shifting to GSTN Portal on 8th November 2016. This is going to be one of the biggest move for GST implementation ever taken in India….
GST Council – A Battle Has Just Begun GST Council is yet to decide on GST rate structure. Since, the last meeting which concluded on 19th October,2016 could not result a consensus amongst states on various reasons. What prevented a Consensus ? The following are the reasons which acted as a barrier in making consenus on…
GST Council & Rate Slabs On 18th October 2016, the Central Government has proposed various rate slabs in GST Council. It must be noted that the GST Council is meeting from 17th – 19th October 2016 to finalise GST rate slabs, Cess & concessions alongwith compensation. GST Rate Slabs – The proposed GST rates are as…
