Latest Expert Exchange Queries
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) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: form 3cd :: VAT Audit :: TAX RATES - GOODS TAXABLE @ 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: cpt :: articles on VAT and GST in India :: ACCOUNTING STANDARD :: Central Excise rule to resale the machines to a new company :: list of goods taxed at 4% :: ACCOUNTING STANDARDS :: due date for vat payment :: empanelment :: TDS :: VAT RATES
 
 
News Headlines »
 How you can save tax in the last 2 days of current FY
 6 important income tax rules for individuals which will change from April 1, 2017
 Key changes in income tax rates individuals need to look at from 1 Apr
 Provisional Enrollment under Goods and Service Tax (GST)
 Ten income tax changes that will come in to effect from April 1
 New income tax provisions you need to be aware of
 8 benefits you must know about this tax-saving mutual fund
 10 most important income-tax changes which will apply from April 1
 Delhi: 54 CAs, company secretaries on radar in I-T crackdown against black money
 10 Income Tax Rules That Will Change From April. See Details Herea
 Looking for last-minute tax planning with Section 80C investments? Here's help

GST-Part A-First Discussion Paper
February, 05th 2015

GST……Goods and Services Tax

Part-A

First Discussion Paper on GST

  • GST comes in picture when in Central Budget 2007-08, Union Finance Minister made an announcement that GST will be introduced from 1st April, 2008.
  • The task given to Empowered Committee of State Finance Ministers to make a road map for GST in consultation with Central Government.
  • The Empowered Committee decided to setup a Joint Working Group in May, 2007.
  • The Joint Working Group submits its report on GST in Nov.2007.
  • The report submitted by Joint Working Group was discussed in detail and a final version of the views on GST of Empowered Committee was sent to the Government of India in April, 2008.
  • The comments of Government of India on the same is received and duly considered by Empowered Committee in Dec.2008.
  • A Committee was formed to consider the comments of Government of India.
  • The Committee submitted its views on the same and was accepted in principle by the Empowered Committee in Jan, 2009.
  • A Working Group was formed to submit their recommendations in detail on the structure of GST in close association with the Government of India.
  • A discussion was made in between Union Finance Minister and the Empowered Committee on compensation for loss of the states on account of phasing out of CST in Oct.2009.
  • The Empowered Committee after taking recommendations of Working group and other related matters, presents a detailed view on structure of GST finally.
  • This detailed view on structure of GST was presented in the form of First Discussion Paper in Nov. 2009.
  • The First Discussion Paper has four segments.
  • First Segment explains a brief reference to the process of introduction of VAT and also areas where needs improvements
  • Second Segment explains the process of preparation for GST.
  • Third Segment explains in detail the comprehensive structure of the GST model.
  • Fourth Segment has FAQ on GST.
 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Our Vision

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