201611.27
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Anti Profiteering Incorporated in Revised Model GST Act,2016

Anti Profiteering in GST Incorporated in Revised Model GST Act,2016 Finally , anti profiteering in GST will become a reality in lieu of Section 163 incorporated under the Revised Model GST Act,2016.  It must be known that the GST Council secretariat has issued the revised model GST Act,2016 through CBEC on 25.11.2016. Section 163. Anti-profiteering Measure…

201611.26
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Revised Draft Model GST Act By GST Council Secretariat

GST Council Secretariat releases Revised Draft Model GST Act on 25.11.2016 through CBEC. The same revsied draft model GST Act,2016 has been shared with states in GST Council. Whereas, states shall revert on the draft GST act . However, it is learnt that some states have made some suggestions on returns under GST. The revised draft MGL…

201611.23
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GST Council Meeting Postponed to First Week of December 2016

GST Council Meeting Postponed to First Week of December 2016 GST Council meeting has now been cancelled twice in November,2016. It was initially scheduled on 09-10 November,2016 which was later deferred to 24-25 November,2016. The backdrop of such cancellation is also the following : a. In the past three days both Houses of Parliament have hardly…

201611.16
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GST Registration Verus GST Enrolment

AMLEGALS have been flooded with query as to whether enrolment is at Par GST Registration . The answer is No. Enrolment is neither GST registration nor GST migration. Enrolment under GST means validating the data of existing taxpayers and filling up the remaining key fields on GSTN portal. It is mandatory for every existing taxpayer….