GST

GST on Marble and Granite

GST on Marble and granite

After the implementation of GST in India, the GST Council introduced new tax slabs for all the products produced, imported or exported. The GST rates in India are determined by the GST Council from time to time. GST rates will be levied in 5 rates, specifically, NIL, 5%, 12%, 18% and 28%. In this article, … Read more

GST on Furniture

GST on furniture

As we know, the GST rates in India are determined by the GST Council from time to time. GST rates will be levied in 5 rates, particularly, NIL, 5%, 12%, 18% and 28%. With GST to be implemented in India from 1st July 2017, the GST rate for all goods and services have been notified. … Read more

GST on Export of Goods & Services

GST on Export of Goods & Services

As we know, Exports have been the field of focus in all strategic initiatives of the Government for more than 30 years. Now with the Make in India drive, exports continue to appreciate this special treatment because exports should not be burdened with domestic taxes. In this article, we will discuss the GST on Export … Read more

How To Start Import Export Business In India

How To Start Import Export Business In India

Commencing an Import-export business is one of the best approaches to attain your profit goals which are higher to do well in the international market. Selling the product in the domestic market may lead to getting a limited amount of profit margin. But practising the initiative to make a foothold in the international market needs … Read more

GST Rates on Construction Materials

GST on Construction Materials

Construction is the second-largest Industry after Agriculture in India. India’s construction industry is rapidly increasing. Therefore it is essential to know GST on Construction Materials. In this blog, we will read about GST rates on various construction materials in detail. Understand About GST GST stands for goods and services tax. It is a type of indirect tax … Read more

GST on Liquidated Damages

GST on Liquidated Damages

Liquidated damages has well-known term applied by the parties under a contract. Concerning the implication of indirect taxes, both in the former law and also the present GST law, there has always been an argument on the taxability of the liquidated damages, and the Government has never simplified this issue. In this article, we will … Read more

Zero-rated Supplies under GST after Budget 2021

Zero-rated Supplies under GST after Budget 2021

The Union Budget 2021 was proposed by the Finance Minister on 01.02.2021 in the parliament. Also, the Finance Minister applauded the parliament on GST and summarized the measures taken by the Government in the last 4 years of implementation GST to further streamline it. In this article, we will discuss the Zero-rated Supplies under GST … Read more

How to Start Meat Export Business in India

How to start Meat Export Business in india

As we know India is the biggest buffalo meat exporting country (Carabeef) globally, with a smaller amount of sheep meat. Production and export of meat from India originated in the year 1969, During the last 49 years, the quantity of meat & Processed Meat exported from India has been progressing and so also the number … Read more

Changes Proposed In GST – Union Budget 2021

Changes Proposed In GST – Union Budget 2021

The Finance Minister Nirmala Sitharaman has introduced certain changes in CGST Act, 2017 & IGST Act, 2017 to curb input credit frauds and safeguard Government revenues. Also, multiple changes to the goods and services tax framework aimed at helping small and medium businesses to tide over pandemic-induced disruptions. In this article, we will discuss on … Read more

GST Collection January 2021 crosses ₹1.2 lakh crore in FY 2021-22

GST collection January 2021

For the one more time, GST collections in January reached over Rs 1.2 lakh crore, crossing Rs 1 lakh crore targets since December, November and October last year. In this article, we will discuss on GST collection January 2021. GST Collection January 2021 The Central Government has announced the gross GST revenue collected in January … Read more