Tag: Transfer Pricing

GST (Goods and Services Tax) is the largest indirect tax reform of India. GST is a single tax on the supply of goods and services. …

In India, there is wide socio-economic gap and it would not be feasible to levy same rate of tax for necessary items like milk and …

Indian businesses are in for a learning curve — the payment process under Goods and Services Tax (GST) differs drastically from current procedures. Namely, each step …

Place of supply, within State, Interstate, Import and Export, Time of Supply

A Joint Commissioner (or an officer of higher rank) may have “reasons to believe” that in order to evade tax, any person has done the …

When a taxpayer has the registration under GST, all the records maintained by him would pass through GST audit. Here, the main goal is to check …

On the behalf of their clients, a GST practitioner can do the following File GSTR 1 and GSTR 2 Furnish GSTR 3 and GSTR 9 …

People have taken note of the GST or the Goods Services Tax law. A new law has been proposed which is set to reform how people …

GST as the Preferred Tax Structure

Generally, GST consist three prime models:- Central GST (CGST) States GST (SGST) Dual GST Non concurrent dual GST Concurrent dual GST CGST: Under this option, …