As we know that GST is talk of the town these days, Government of India notified it w.e.f. 1st July, 2017 except 2 chapters (registration and Composite levy), which were notified earlier w.e.f. 22nd June, 2017. All the Acts and rules whether Central wise or State wise are notified. However rules for e-way bill are […]

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With the issuance of revised model GST law, the countdown to implement much awaited Goods & Service Tax on 01.04.2017 has begun. It is required to recall here that on June 14th, this year, the aforesaid revised model was share for public feedback and now it is here with all the revisions based on the […]

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GST Council has taken a step ahead towards making GST a reality. They have lifted veil from the most awaited part of GST i.e. the tax rates. They have introduced the following rates: 0% – Food grains of high public consumption and which contributes to almost 50% of the inflation index; 5%-12%-18% – other Goods […]

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LLP (Limited Liability Partnership) is the hybrid form of Partnership Firm and Company, which is governed by the Limited Liability Partnership Act, 2008. Unlike Partnership Firm it has to inform Registrar of Companies and to other Departments, time after time. Besides other reporting, LLP is required to file certain reports on due date basis. Let’s […]

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