Understanding GST Model Law - Place of supply of services

  • Category: Others
  • Date: 15-08-2016
  • Writers: CA Madhukar N Hiregange, CA Roopa Nayak

This is the eleventh in the series of articles to understand the GST Model Law. The purpose is mainly to create awareness and enable one to look at the unintended impact on his her sector. It would aid in making representations to make this law tax payer friendly, simple and transparent.  

The GST Model Law has been put in public domain to get the feedback for amendments. This law requires in the opinion of the paper writers amendment to see that all the best practices across the...

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Understanding GST Model Law - Job Work

  • Category: Others
  • Date: 14-08-2016
  • Writers: CA Madhukar N Hiregange, CA Roopa Nayak

This is the tenth in the series of articles to understand the GST Model Law. The purpose is mainly to create awareness and enable one to look at the unintended impact on his/ her sector. It would aid in making representations to make this law tax payer friendly, simple and transparent.  

The GST Model Law has been put in public domain to get the feedback for amendments. This law requires in the opinion of the paper writers large number of amendment to make it workable  

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Understanding GST Model Law - Time of supply of services

  • Category: Others
  • Date: 11-07-2016
  • Writers: CA Madhukar N Hiregange, CA Roopa Nayak

This is the fifth in the series of articles to understand the GST Model Law. The purpose is mainly to create an awareness and enable one to look at the unintended impact on his her sector. It would aid in making representations to make this law tax payer friendly, simple and transparent.  

The GST Model Law has been put in public domain to get the feedback for amendments. This law requires in the opinion of the paper writers large number of amendment to even make it... Read more


Understanding GST Model Law - Time of Supply of goods

  • Category: Others
  • Date: 10-07-2016
  • Writers: CA Madhukar N Hiregange, CA Roopa Nayak

This is the fourth in the series of articles to understand the GST Model Law. The purpose is mainly to create an awareness and enable one to look at the unintended impact on his her sector. It would aid in making representations to make this law tax payer friendly, simple and transparent.  

The GST Model Law has been put in public domain to get the feedback for amendments. This law requires in the opinion of the paper writers large number of amendment to even make it...

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Understanding GST Model Law - Meaning of "Supply"

  • Category: Others
  • Date: 08-07-2016
  • Writers: CA Madhukar N Hiregange, CA Roopa Nayak

This is the second in the series of proposed articles on the GST Model law. The purpose is mainly to create awareness and enable one to look at the unintended impact as maybe applicable for each sector/ person. It could also aid in representation needed for amendment of the Model GST Law to make it tax payer friendly and meet the objective of clarity, certainty and transparency.  

Background  

Under present indirect tax laws, the taxable event attracting the levy varies under...

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GST Transitional Challenges: ongoing service contracts

  • Category: Others
  • Date: 02-09-2015
  • Writers: CA Ashish Chaudhary, CA Madhukar N Hiregange

India is on behest of implementing Goods and Service Tax (GST) which is said to be biggest tax reform since Independence.   

One important aspect under GST would be to deal with transitional provisions especially in relation to ongoing contracts which have been entered into pre GST but not completed at the time of GST introduction. Present discussion is confined to transitional challenges on the contracts entered into by service providers only.  

The conditions in contract...

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Introduction of Goods and Service Tax in 2016 - A MYTH OR REALITY?

  • Category: Others
  • Date: 01-08-2015
  • Writers: Adv Naveen Kumar K.S, CA Madhukar N Hiregange

Media reports and press statements by Government Officials seem to suggest that the Union Government is keen to introduce Goods and Service Tax in the year 2016. While they themselves have given hope of its implementation from 1.4.2016, there seems to be a claim by some quarters that it is possible to implement GST from 1st October 2016. This article attempts to consider the feasibility of introducing GST in the middle of a financial year by analysing the pro and cons and practical issues.... Read more