financial services · Taxation

A Better Understanding Of GST And Its Benefits

The Goods and Services Tax system is soon going to change the picture of Indian taxation system for goods and services we use every day. It is designed with a very neutral structure so that it distributes the application attractively and efficiently. It has various benefits that will impact the national economy and income tax… Continue reading A Better Understanding Of GST And Its Benefits

financial services · Taxation

Expectations and Affects of Goods and Services Tax

GST tax is going to be implemented  by late 2017 as expected by now and there are many questions related to this new change is arising in everyone’s mind. The questions related to taxation is the bigger one dominating taxpayer’s mind. Well the effect will be huge as the whole structure is going to be… Continue reading Expectations and Affects of Goods and Services Tax

financial services · Taxation

An Overview Of GST Effect On The Indian E-Commerce Industry

Goods And Services Tax is the latest point of discussion due to its transition importance. This system will void all existing indirect taxation system by April 2017. However, this is a tentative date, which might extend further, but for now, businesses must get prepare according to this deadline. For e-commerce companies, it will ease many… Continue reading An Overview Of GST Effect On The Indian E-Commerce Industry

financial services · Taxation

GST and Its Relation with Harmonized System Of Nomenclature or HSN

Goods And Services Tax has been announced recently in India and the focus of this change is to meet the international standards. To meet international standards, it must need to comply with the HSN regime. Harmonized System of Nomenclature or often referred as HSN is an international standard system of tariff for names and numbers… Continue reading GST and Its Relation with Harmonized System Of Nomenclature or HSN