Tag: service tax
Posted in Finance
What is GST and who needs to register for GST?
What is GST? Passed as an Act of Parliament, the Goods and Services Tax Act came into effect in 2017, replacing several indirect taxes like…
Posted in GST
Navigating the evolution of Input Service Distributor under GST
The concept of Input Service Distributor (“ISD”) has passed through from the Service Tax regime to the GST regime. Despite the concept not being new,…
Posted in GST
GST filings: System error: How automated notices under GST is leading to proliferation of disputes and litigations
February 3, 2023 Leave a Comment on GST filings: System error: How automated notices under GST is leading to proliferation of disputes and litigations
The Goods and Service Tax (GST) has been one of the most complex yet progressive indirect tax reforms implemented in the history of India. The…
Posted in GST
GST Act | Small Businesses: Decriminalisation of GST Act: Why it can be a big reprieve for small businesses in India
December 5, 2022 Leave a Comment on GST Act | Small Businesses: Decriminalisation of GST Act: Why it can be a big reprieve for small businesses in India
The introduction of Goods and Services Tax (GST) was a bold step towards digital transformation of tax administration. GST introduced the concept of uniform tax…