Category: GST

GST cut from 12% to 5% on houses under construction

Feb 25, 2019 GST by milind
Demand for residential properties is expected to receive a major boost following the government’s decision to cut the goods & services tax (GST) rates for under-construction projects to 5 per cent from effective rate of 12 per cent. In a major push to stated objective of ‘Housing For All by 2022’, the government has reduced […]

Budget 2019

Feb 25, 2019 GST by ravindra
The Automotive Component Manufacturers Association (ACMA) has reiterated its demand for a uniform 18% GST for all auto components, besides a need for encouraging technology development & acquisitions. The apex body of the Indian auto component industry, in its pre-budget proposals to the Government, has further pitched for increasing the rate of weighted deduction on […]

Things to Remember for GST Registration

Apr 18, 2018 GST by PR0b!z$Adv!S0R#
Now, GST is the reality of the day. So, it is important to know how to register under GST. This is very important for new companies or start-ups to get the process right first time. GST portal has made it very simple for companies to register and get themselves a GST number. Unlike a lot […]

Effective Implementation of GST

Apr 18, 2018 GST by PR0b!z$Adv!S0R#
GST Return Filing Services This is the first step in implementation. An expert needs to assess the areas of group of companies to find out which are the areas which are impacted and what kind of preparation needs to be done to carry out necessary changes in the areas impacted. 1. IDENTIFICATION OF SIGNIFICANT IMPACT […]
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