Tag: #govtpublication

The Constitution (One Hundred And First Amendment) Act, 2016

The Constitution (One Hundred And First Amendment) Act, 2016 The Constitution (One Hundred And First Amendment) Act, 2016 received the assent of the President on the 8th September, 2016. An Act further to amend the Constitution of India. BE it enacted by Parliament in the Sixty-seventh Year of the Republic of India as follows:— 1. (1) This Act may be called the Constitution (One Hundred ...

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Report of the Joint Committee on Business Processes for GST Return Process

Report of the Joint Committee on Business Process For GST On GST Return Introduction 1.1 During the Empowered Committee meeting held on 10th March, 2014, it was decided that a Joint Committee under the co-convenership of the Additional Secretary (Revenue), Government of India and the Member Secretary, Empowered Committee should be constituted to look into the Report of the Sub-Group-I on Business Processes for GST ...

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Report of the Joint Committee on Business Processes for GST on Registration

Report of the Joint Committee on Business Processes for GST on Registration Processes in GST Regime... Report of the Joint Committee on Business Processes for GST on Registration Processes in GST Regime 1.0 Introduction During the Empowered Committee meeting held on 10th March, 2014, it was decided that a Joint Committee under the co-convenership of the Additional Secretary (Revenue), Government of India and the Member ...

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Report of the Joint Committee on Business Processes for GST on Refund Process

Report of the Joint Committee on Business Processes for GST on Refund Processes in GST Regime During the Empowered Committee meeting held on 10th March, 2014, it was decided that a Joint Committee under the co-convenership of the Additional Secretary (Revenue), Government of India and the Member Secretary, Empowered Committee should be constituted to look into the Report of the SubGroup-I on Business Processes for ...

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Paper on GST Reforms and Intergovernmental Considerations in India

One of the Key reports for Implementation of GST in India...Most of the suggestions given in the report for Indirect Tax Reforms accepted over the period under Indirect Taxes...An Important document which had laid down the path of Indirect Tax Reforms in India and for GST in India   http://rajtax.gov.in/vatweb/download/gst/GST%20Reforms%20and%20Intergovernmental%20Considerations%20in%20India.pdf

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Report of Task Force on Goods and Services Tax-13th Finance Commission

Report of the Task Force on Goods and Services Tax-13th Finance Commission Report-A key stepping stone in Implementation of GST in India... The taxation of goods and services in India has, hitherto, been characterised as a cascading and distortionary tax on production resulting in mis-allocation of resources and lower productivity and economic growth. It also inhibits voluntary compliance. Therefore, it is necessary to replace the ...

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Overview on GST

General overview on GST..A snapshot on GST...What's in store for common public... Introduction of GST would be a significant step in the field of indirect tax reforms in India. By amalgamating a large number of Central and State taxes into a single tax and allowing set-off of prior-stage taxes, it would mitigate the ill effects of cascading and pave the way for a common national ...

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Comments on GST White Paper by Department of Revenue, Government of India

Comments by Department of Revenue, Government of India on White Paper on GST. It is important to take note of the significant administrative issues involved in designing an effective GST model in a federal system with the objective of having an overall harmonious structure of rates. Together with this, there is a need for upholding the powers of Central and State Governments in their taxation ...

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Revenue Implications of GST and Estimation of Revenue Neutral Rate: A State Wise Analysis

NIPFP had undertaken this important study on “Revenue Implications of GST and Estimation of Revenue Neutral Rate: A State wise Analysis” at the request of the Empowered Committee of the State Finance Ministers. The report was published in the month of July 2013. After the introduction of Value Added Tax (VAT) in the fiscal year 2005, the introduction of Goods and Services tax (GST) as ...

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