Tag: Goods and Services Tax

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July 17th, 2019 in GST

Changes in GST (Goods and Services Tax) as per Union Budget 2019-20

To understand the changes in GST (Goods and Services Tax) as per Union Budget 2019-20, we are taking two fictional characters into consideration namely Ram and Shyam. Ram: Shyam, what are the major GST changes in Union Budget? Shyam: Ram, this union budget 2019-20 is a more sensible budget than a sensational one. Some of…

June 26th, 2019 in GST

GST Applicability on Joint Development Agreement

The joint Development agreement (otherwise known as JDA) is a contract between a landowner and real estate developer to build a new project on the land of owner. The real estate builder construct the building and other things. On the contrary, the owner of the land will provide land to construct the building. Moreover, there…

Updated on May 18th, 2019 in GST Updates

CAIT Threatens to Move Court Against Infosys

Goods and Services Tax, which actually is primarily aimed to boon the businesses, economy and government, is experiencing bumpy rides, due to the ineffectiveness of the Goods and Service Tax Network. The resultant is a mentally and technically stressed trader’s community with fuming intentions. The national body of the traders, CAIT [Confederation of All India…

Updated on April 20th, 2019 in GST Updates

All attempts to keep e-way bill immune to red tapism

With the launch of the e-way bill, the overall transportation of the goods and commodities or specifically the logistics industry have suddenly started moving real fast with the abolition of the intra-state check posts and bureaucratic interference with the inclusion of the RFID [Radio Frequency Identification] or the QRC [Quick Response Code] devices, which make…