Home | Darpan | Volume 10 | Issue 2 Apr - June 2017 | Seminar on GST on 13 May, 2017 by CA Naveen Sood

Seminar on GST on 13 May, 2017 by CA Naveen Sood

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GST has begun as a new regime as “One Nation One Tax” and game-changing reform for Indian economy by developing a common Indian market and reducing the cascading effect of tax on the cost of goods and services. It has an impact in the tax structure, tax incidence, tax computation, tax payment, compliance, credit utilization and reporting leading to a complete overhaul of the current indirect tax system. 

She further said that GST will have a far reaching impact on almost all the aspects of the business operations in the country. Industry experts call it more as a business reform rather than the Tax Reform. Thus it is important for Industry professionals to get acclimatized with this new regime. She formally covered the following topics: 

Introduction

Updates on GST development

Essential GST principles

Place of supply

Different types of supplies

Export of goods and international services

 

 

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