GST in India – Definition, Types and Key Feature of GST

gst-in-india

GST in India – GST Stands for Goods and Service Tax. It is a value-added tax (VAT) collectively levied on goods and services by the Central and State Governments during purchases and sales. It is an indirect tax imposed on supply of goods and services. It is a multi-stage destination-oriented tax imposed on every value addition, replacing multiple indirect taxes like excise duty, vat, service tax and many more.

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How can I identify fake GST bill and GST number ?

How can i identify and complain of fake GST bill and GST number

Most of the person complain about the fake GST bill which issued by the few shop keepers, restaurant and other places. All we know very well that GST is applicable in India and only registered shop keeper charge the GST amount from customer only. There are lot of person still confuse about charge the GST. Lot of person take advantage of this confusion and they charge GST amount from customer and also mention them on hardcopy.

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12 Important Facts about GST – Goods and Service Tax

12 Important Facts about GST - Goods and Service Tax

Goods and Services Tax (GST) is the country’s largest tax reform since Independence. GST Apply same tax law to the whole country. There are lot of important facts about GST taxation system. the Government has to apply a single taxation system in entire country for all goods and services. After the GST implemented Excise duty, Service tax, Additional custom duty, Special Additional Custom duty, VAT, Sales Tax, Central Sales Tax, Entertainment tax, luxury tax, Counter veiling duty etc taxes will be end.

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GSTN create messaging platform for buyers, sellers

GSTN create messaging platform for buyers, sellers

Small businesses have been given a big facility to fill GST returns. Now, they can complete the process of filling GST returns with just one SMS to GSTN.

GST Composition Scheme Obtain increase till 16 Aug

GST Composition Scheme Obtain increase till 16 Aug

As per the latest new from Finance Department under the GST system, the government has extended the deadline to adopt the GST Composition Scheme increase till 16 Aug 2017 for his taxpayers. It’s a relay good news for all those business person who want to adopt GST Composition scheme for his business. All we know very well under the composition scheme taxpayer has to pay his tax liability single time with in a year.

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