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Segments of GST Law in India

Goods and Services Tax (GST) Law is an indirect taxation law. It is levied on the supply of goods and services in India and is a consumption-based tax. It is a multistage, comprehensive, and destination-based tax. GST is a multi-stage tax since tax is imposed at every step of the value-addition in the production process. … Read moreSegments of GST Law in India

Summary of Notifications under UTGST Act (RATE) till 31st Oct 2017

Notifications under UTGST Act (RATE) till 31st Oct 2017 S.No. Date Of Notification Effective Date Notification No. Subject Summary 1 28-Jun-17 1-Jul-17 1 UTGST Rate Schedule notified under section 7 (1) Rate of tax: 2.5% for supply of goods specified in Schedule I, 6% for Schedule II, 9% for Schedule III, 14% for Schedule IV, … Read moreSummary of Notifications under UTGST Act (RATE) till 31st Oct 2017