GST Registration Opens: Register Now!!

Goods and Services tax (GST), which is often known as a historic reform, is now around the corner. After president Pranab Mukherjee gave his assent on September 8, 2016, the Government is firing on all cylinders to implement GST by April 1, 2017.  However, the implementation will be little early Read More …

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Regards | Sukhwinder Singh | 9999939069

GST LAW

The Constitution (122nd Amendment) Bill, 2016 (GST) Highlights of the Bill The Bill amends the Constitution to introduce the goods and services tax (GST). Parliament and state legislatures will have concurrent powers to make laws on GST. Only the centre may levy an integrated GST (IGST) on the interstate supply Read More …

GST Impact on various sectors

S. NO. INDUSTRY CURRENT GST IMPACT 1 Banking Sector 15% 18% Negative 2 Consumer Staples 22% 18% Positive 3 Consumer Discretionary 15% 18% Negative 4 Media 15% +7% Entertainment Tax 18% Positive 5 Telecom 15% 18% Negative 6 Auto 27% 18% Positive 7 Metals 18% 18% No Impact 8 Cement Read More …