The GST Council is a constitutional body established under Article 279A of the amended Constitution of India. It is a joint forum consisting of the Union Finance Minister (as Chairperson), the Union Minister of State for Finance, and representatives from each state and Union Territory (UT) with...
Answer:GST council is a constitutional body devised to figure out the decisions with regard to Goods and Services Tax. GST council will consist of the representatives of both Centre and State. Finance Minister will head the council. GST council will recommend about the tax sla...
Set out below is a summary of the draft determination, with some comments which are taken from my paper. For a more detailed analysis of the issues that may arise, including constitutional implications of the Commissioner’s draft position, please refer to my paper. The legislation Section 93-...
Introduced as the constitutional( one hundred and first amendment) the bill is well accepted by every state of India. Under the tax, Goods & services have tax rates of 0%, 5%, 12% and 18%. Goods and services tax was implemented in Read More 01 Jan 1970Posted By: E-StartupIndia ...
It is an indirect tax on the regime 'One Nation, one Tax’. Introduced as the constitutional( one hundred and first amendment) the bill is well accepted by every state of India. Under the tax, Goods & services have tax rates of 0%, 5%, 12% and 18%. Goods and services tax was ...
As our largest shareholder, GST International Management will be able to control the election of Directors, direct our major policy decisions, including decisions concerning strategic, investment, finance, acquisition, disposal, dividend, constitutional and other issues; and influence other areas of ...
(GST AAR Kerala) The Kerala Authority for Advance Ruling (AAR) recently held that the services provided by diagnostic centre is a clinical establishment and providing Health Care Service therefore exempted from GST. (i) Whether Diagnostic Service Provider has to take registration under GST? By ...
Tax Deduction at Source (TDS) is a system, initially introduced by the Income Tax Department. It is one of the modes/methods to collect tax, under which, a certain percentage of amount is deducted by a recipient at the time of making payment to the supplier. It is similar to “pay as...
As a prime-mover, the Goods & Services Tax Council or GST Council-a constitutional body to regulate the various aspects of GST and its nationwide implementation plays a pivotal role. The Union Finance Minister of India chairs the council, and other members include the Union State Minister of ...
Introduced as the constitutional( one hundred and first amendment) the bill is well accepted by every state of India. Under the tax, Goods & services have tax rates of 0%, 5%, 12% and 18%. Goods and services tax was implemented in Read More 01 Jan 1970Posted By: E-StartupIndia ...