The countdown to the implementation of a Goods and Services Tax (GST) on April 1, 2017 continues. The government on November 26, made available a revised copy of the Model GST law.
The passage of 122nd Constitution Amendment Bill (CAB) (proposed for Goods & Services Tax (GST)) through the Rajya Sabha marks one of the finest reforms in Indian indirect tax history.
Views and Comments of some Indirect Tax Experts on the Model GST Law
Govt releases Model GST Law
Under Central Excise, the facility to avail Cenvat credit is available only to manufacturers and service providers. For traders who cannot avail cenvat credit, a mechanism exists whereby a dealer in...
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