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Easy to Understand – COMPOSITION SCHEME UNDER GST

Yaman 0

Composition scheme is a simple and easy scheme for small traders and business in GST. Amitbhai Patel, a small-time trader in Madhupura Market of Ahmedabad. His business turnover was  ₹48.37 lakhs last year and due to demonetization, he doesn’t expect his turnover for this financial year to be more than ₹55 lakhs. He deals with numerous traders and

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Understanding GST for Handicrafts

Nishant Chauhan 0

Rural Craftsmen and Artists who were ready to showcase their products online are in tizzy. The problem is, they can either use their skills to produce the handmade goods or learn the complexities of  GST. GST has become very complex for these handicraft artists and sellers. Many artisans have been outspoken that GST will paralyze

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HOW TO BE READY FOR GST

Yaman 0

GST has been rolling over our heads ever since we first heard of it. Everyone in this country is trying to decode GST somehow in their own way but we have hardly cracked GST. Implementation of GST just a few days away from us. Let’s try to understand what we need to do to be ready for

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GST – Opening new gates of Indian Economy

Harshita Makwana 0

The content of the Constitutional Reform Bill on GST has covered the way for introducing GST in India. The need for GST is felt because under the current indirect tax structure  Tax barriers have fragmented the Indian market,  Sequential effects of taxes on cost have made local manufacture less attractive,  Complex multiple taxes have raised cost of

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