201612.05
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Whether GST Will Be a Reality from 1st April, 2017?

GST Council Meeting  The GST Council met for 5th time on 2nd & 3rd December ,2016 . But, the meeting remained inconclusive. Since, the bone of contention of deciding upon the  jurisdictional control of assessee remained at limbo. The inconclusive meetings which ran  over two days could evolve only one fact that the States are still reluctant…

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…