MyGov - Discussion thread for GST

MyGov - Discussion thread for GST
Last Date Aug 16,2017 00:00 AM IST (GMT +5.30 Hrs)
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With the GST coming into effect from 1st July, 2017, the biggest indirect tax reform of independent India, is going to transform the way indirect tax is administered in this ...

With the GST coming into effect from 1st July, 2017, the biggest indirect tax reform of independent India, is going to transform the way indirect tax is administered in this country, impacting not just businesses but also the common man. GST is a tax on consumption of goods and services, which is levied at all stages right from manufacturing up to final consumption, with credit of taxes paid at previous stages available as setoff. It is going to remove the tax-on-tax effect through separate Central and State tax laws. In a nutshell, under GST, only value addition will be taxed , hence, reducing the burden of tax to be borne by the final consumer.

The most fundamental change in GST besides the consolidation of multiple taxes, is the use of a robust shared IT infrastructure in its operations. All the forms related to registrations, filing returns and other related activities can now be done through the GSTN Portal.

GST will help build an economically stronger India, with 'One Nation, One Tax, One Market.'

https://cbec-gst.gov.in/ - Click here to know more about GST

Click here to read FAQs

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AMMOGEPPA L PUJARI 2 years 4 days ago

This is subject I want put to discussion - We are pay GST, normaly most of the small marchents are not giving receipt, this main problem regarding collection of GST, my one opinion is that , give income tax relief to amount we payed as GST, similar to professional tax, this helps every should collect receipts from seller, Make such a arrangement that every individual may know his payment of get at any time
his help person how much of GST he/she paid to govt.