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merits and demerits of GST

Goods and Services Tax - Started By: - Ramakrishnan T H - Dated:- 20-2-2016 Last Replied Date:- 11-9-2016 - Sir,Please provide the details about the merits and demerits of Goods and Services Tax provisions.Ramakrishnan.T.HPalakkad - Reply By KASTURI .....

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useful. - Reply By Ganeshan Kalyani - The Reply = Yes as said by Sri Kasturi Sir there are so many changes being incorporated in the GST draft based on the Committee Study. And more will be done till it is passed through the upper house. However, to .....

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ll be seamlessly allowed and thereby reducing the cost in long run. Further if you have any suggestions or expectations from GST you can share with us or https://mygov.in. Thanks. - Reply By CS SANJAY MALHOTRA - The Reply = Respected Sh. Ganeshan ji .....

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Reply By MARIAPPAN GOVINDARAJAN - The Reply = The merits and demerits could be determined only it comes in effect. Till such times assumptions may be there. - Reply By Ganeshan Kalyani - The Reply = You may please refer issue id 108821 where Sri Mahi .....

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w instead of multiple Central & State laws, broadly all transaction would attract GST, so litigations in respect of determination whether process amounts to 'Manufacture' or not will set at rest, as of now there is both Service Tax & .....

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aws.However, in respect of Oil Industry, it has been proposed to keep certain products out of GST like Petrol, Diesel, etc. In this scenario, there are lot of uncertainlty about availment of Cenvat/ITC when some of the products out of the entire lot .....

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inary information on the issue. I think still it is not high time even for raring to go inasmuch as the situation is fluid. - Reply By Ganeshan Kalyani - The Reply = Sir, whether GST is possible to be implemented this year ???The Congress has given i .....

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Let's toss... - Reply By YAGAY AND SUN - The Reply = Merits Shall bring growth in GDP. Tax Compliance would be better. FII shall increase. Tax Collection Cost shall go south ward Consultants/CA/CA/ICWAs/Lawyers/Advocate would get lots of busines .....

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