Author: Tabish Ahmad

Topic Name – What are the benefits which the Country will accrue from GST   Introduction of GST would be a very significant step in the field of indirect tax reforms in India. By amalgamating a large number of Central and State taxes into a single tax and allowing set-off of prior-stage taxes, it would […]

Topic Name – How a particular transaction of goods and services would be taxed simultaneously under Central GST (CGST) and State GST (SGST)   The Central GST and the State GST would be levied simultaneously on every transaction of supply of goods and services except the exempted goods and services, goods which are outside the […]

Topic Name –  Why was the Constitution of India amended recently in the context of GST Currently, the fiscal powers between the Centre and the States are clearly demarcated in the Constitution with almost no overlap between the respective domains. The Centre has the powers to levy tax on the manufacture of goods (except alcoholic […]

Topic Name – Which authority will levy and administer GST Centre will levy and administer CGST & IGST while respective states /UTs will levy and administer SGST/UTGST               About Bihar Tax Consultant – Bihar Tax Consultant is among the best and experienced tax consultant in Bihar. Having the years […]

Topic Name – Why is Dual GST required India is a federal country where both the Centre and the States have been assigned the powers to levy and collect taxes through appropriate legislation. Both the levels of Government have distinct responsibilities to perform according to the division of powers prescribed in the Constitution for which […]

Topic Name – What type of GST is proposed to be implemented It would be a dual GST with the Centre and States simultaneously levying it on a common tax base. The GST to be levied by the Centre on intra-State supply of goods and / or services would be called the Central GST (CGST) […]

Topic Name – What will be status of Tobacco and Tobacco products under the GST regime Tobacco and tobacco products would be subject to GST. In addition, the Centre would have the power to levy Central Excise duty on these products. The tobacco industry is shining , despite the serious warning that smoking and tobacco […]

Topic Name – What will be the status in respect of taxation of above commodities after introduction of GST The existing taxation system (VAT & Central Excise) will continue in respect of the above commodities.                     About Bihar Tax Consultant – Bihar Tax Consultant is among […]

Topic Name – Which are the commodities proposed to be kept outside the purview of GST   Article 366(12A) of the Constitution as amended by 101st Constitutional Amendment Act, 2016 defines the Goods and Services tax (GST) as a tax on supply of goods or services or both, except supply of alcoholic liquor for human […]

Topic Name – What principles were adopted for subsuming the above taxes under GST   The various Central, State and Local levies were examined to identify their possibility of being subsumed under GST. While identifying, the following principles were kept in mind: (i) Taxes or levies to be subsumed should be primarily in the nature […]