PPT-GOODS AND SERVICE TAX 22-07-17

Mohd Irshad Ahmed Chartered Accountant Hyderabad 1 Valuation VALUATION Overview 2 There shall be levied a tax called CGSTSGSTIGST on the value determined under Section 15 Section 9 1 . Presentation by :. CA. . Pulak. . Saha. 9. th. January, 2015 at ACAE. www.pwc.in. Agenda. 9. th. January, 2015. Slide . 2. Overview of Goods and Service Tax. 1. Current State of Play. 2. Overview of Goods and Service Tax. (GST). 1. Content of presentation. Background of GST. Salient features of GST. GST status update. Inter-State GST. Place of Supply. Revenue Neutral Rate (RNR). Issues in GST. 2. Background of GST. 3. Presentation by :. CA. . Pulak. . Saha. 9. th. January, 2015 at ACAE. www.pwc.in. Agenda. 9. th. January, 2015. Slide . 2. Overview of Goods and Service Tax. 1. Current State of Play. 2. Overview of Goods and Service Tax. Rambabu Pathak. Chairman. ICAI-Asansol Chapter. Dy. Manager (Finance), ECL. GDP Growth Go Up by about 1%. International Competitiveness by about 5%.. Increased FDI- Already seen.. All . those who gain to be part of tax payment.. May 2017. GST. . where are we now. Release of. model GST law . (Nov 2016. ). Formation of GST Council and recommendation on GST law by GST Council. (Oct 2016). Final law to be released. (February . 2017). Current Indirect Tax Regime. Central. Levy. State Levy. Service Tax. Sale Tax/VAT. Custom Duty-BCD CVD SAD. Entertainment. Tax\Luxury Tax. Excise Duty-BED Additional. excise duty. Entry Tax. Central Sale Tax. Sectoral. Impact : FMCG Goods. Dilip. Save. Contents. Pre Cursor to Indian GST 1. st. July 2017. Post Implementation Issues. The way forward. 01. 02. 03. GST Ecosystem Stakeholders. Tax Authority & Law. Tax filing time can be nerve wracking, whether it’s your first time or your twentieth, but with this simple guidance, filing for the first time should be made a little easier: As discussed in Part One, the majority of US citizens use the services of paid tax professionals to help them submit their tax returns each year, and with these simple tips, your tax preparation experience can be as pain-free as possible: Tax time comes around with surprising regularity, and when it seems you’ve only just got over the stress of filing in time for the deadline, that time of the year comes around again and our taxes loom over us like a rain cloud. Few see doctors as business people, and few doctors will admit to being businessmen, but the reality is that those who do operate their own practices, must find a balance between caring for their patients and running a service-based business. Even some of those doctors employed by hospitals or other medical facilities will be required to make important financial decisions. Taxes are a hassle no matter how you tackle them, but there are ways of simplifying the whole process by planning in advance to help minimize your stress levels when your taxes are due: There are some tax tips that can just as easily apply to the professionals involved with other people’s taxes, as to the taxpayer themselves, and both parties are more than capable of succumbing to the stress that often accompanies tax season. . INTRODUCTION: BENEFITS OF GST. The benefits of this transformational tax reform are manifold. The benefits include: . A single tax would replace multiple taxes.. Set-off of prior-stage taxes would mitigate the ill effects of cascading..