Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARD :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT Audit :: TDS :: VAT RATES :: due date for vat payment :: empanelment :: cpt :: articles on VAT and GST in India :: form 3cd :: list of goods taxed at 4% :: ACCOUNTING STANDARDS :: Central Excise rule to resale the machines to a new company
 
 
Service Tax »
 GST Return Filing: How to handle discounts and additional cost
 GST base looks set to be at least 25% wider than earlier tax regime
 Businesses struggle with multiple tax rates, returns
 Common use items exempt from e-way bill provision under GST
 Goods And Services Tax Sends Taxes Racing
 How GST lesson can unleash untapped potential of education sector in India
 Services sector PMI falls most in 4 years on GST
 Missing column in GSTR 3B form leaves input claims a shaky edifice
  Communication to the Central Excise/Service Tax Taxpayers on migration to GST
 GST not easy to implement but tax base expansion will benefit all
 Goods and Services Tax was not an easy reform to implement

New date for GST in April
January, 29th 2010

The new date for the implementation of the Goods and Services Tax, which will replace most of the indirect taxes at the central and the state level, will be announced in April after a meeting between the states and the Union government.

"Because of the difficulties connected with the passing of the required constitutional amendment bill in the budget session, it will not be practical to introduce GST on April 1, 2010," Empowered Committee of States Finance Ministers Chairman Asim Dasgpta told reporters here.

The Goods and Services Tax (GST) will do away with most of the indirect taxes at the Centre like excise and service tax and at the states like VAT and octroi. The tax was scheduled to be implemented from April 1 this year.

However, due to lack of convergence among the states regarding the structure and rated of GST, the introduction has been delayed.

"The new date for introduction the Union Finance Minister suggested would be settled in the month of April," Dasgupta said.

With regard to Central Sales Tax compensation, Dasgupta said that the finance minister has agreed to give Rs 9,676 crore, or about 68 per cent of the total revenue loss, to the states.

CST, a levy on inter-state transfer of goods was reduced to 2 per cent from 4 per cent with the aim of removing it completely at the time of the introduction of GST.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Customer relationship management software CRM software Operational CRM Collaborative CRM

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions