Tag Archives: MODEL GST LAW

GST: Overview of Model GST Law -Video Tutorial

By | November 20, 2016

GST: Overview of Model GST Law, CA. Madhukar Hiregange Published on Nov 10, 2016 A detailed overview of Model GST Law by CA. Madhukar N Hiregange, Chirman, Indirect Taxes Committee (2016-17) Related Post Steps to enrol on GST Common Portal (India) How to login to GST Common Portal (India) How to Enroll on GST Portal… Read More »

Business defined but profession not defined under Model GST Law

By | August 7, 2016

Model GST Law Business is defined in  Section 2(17) of Model GST Law but there is no definition of Profession :- (17) “business” includes – (a) any trade, commerce, manufacture, profession, vocation or any other similar activity, whether or not it is for a pecuniary benefit; (b) any transaction in connection with or incidental or ancillary to (a)… Read More »

TDS Provisions under Model GST Law : Analysis

By | June 24, 2016

TDS Provisions under Model GST Law Deductor meaning for TDS Provisions under Model GST Law Following are liable to deduct TDS under Sub Section 1 of Section 37 1. a department or establishment of the Central or State Government, or 2. Local authority, or 3. Governmental agencies, or 4. Such persons or category of persons as… Read More »

Model GST Law Key Points

By | June 15, 2016

GST (Goods and Service Tax) Finance Ministry of India has released the Model GST Law on 14.06.216 Key Points of Model GST Law  :- Registration  [Section 19 of Model GST Law ]  Registration :The dealer is required to take registration under this law if his aggregate turnover in a financial year exceeds Rs.9 lakhs. Rs.4… Read More »

Agriculture in Model GST Law

By | June 14, 2016

Agriculture in Model GST Law Govt has Released Model GST Law . As per Model GST Law various provisions for Agriculture are as follow Meaning of Agriculture in Model GST Law [ section 2(7) ] “agriculture” with all its grammatical variations and cognate expressions, includes floriculture, horticulture, sericulture, the raising of crops, grass or garde produce and also grazing,… Read More »