GST Law & Rules Archives | H&R Block | Blog
January 23, 2018

25th GST Council Meeting – Key Takeaways

The 25th GST Council meeting was held on January 18, 2018. The main focus of the meeting was the revision of GST rates on various goods and services and simplification of the returns filing process. Here are the key takeaways from the meeting: Lowering of […]
January 9, 2018

Profits may not always be Profitable: Anti-Profiteering measures in GST

GST v/s Cascading Effect Indian Indirect Tax regime before the introduction of GST was suffering from cascading effect (i.e. tax on tax) of taxes. The Cascading effect increases the cost burden on the end user. It makes products/services more and more costly as the tax […]
January 2, 2018

E-Way Bill Focal Point of 24th GST Council Meeting

Every new meeting of the GST council brings the anticipated relief. The latest 24th GST council meeting, held via video conferencing, was no different as it mainly focused on the e-way bill for inter-state movement of goods. It was decided that a nationwide e-way bill […]
December 25, 2017

Will the Implementation of GST Boost Tax Collection?

Do you think GST implementation will increase tax collection? Read this blog by H&R Block to know the answer to this question.
November 16, 2017

The Importance of using HSN Code under GST

The amount of time we spend trying to improve our image in the eyes of outsiders is considerable and may not always be understood by everyone.  The implementation of GST in India is one such measure to boost our image to the eyes of the […]
November 13, 2017

Reactions and Results of the 23rd GST Council Meeting

Everyone can relate to the instant relief found in a simple glass of water after having walked in the scorching mid-afternoon sun during summer. With the conclusion of the latest GST council meeting, many taxpayers will breathe easier and sleep more soundly with the much-awaited […]
November 2, 2017

How can you e-Sign your GST Returns?

In the era of Digital India, the country’s new Goods and Services Tax (GST), taking effect 1 July, modernises how registered assessees sign and file their returns – online rather than by hand. Digital signing already prevails with income tax returns and the Ministry of […]
October 7, 2017

Key Takeaways from GST Council Meeting held on October 6, 2017

More than 3 months have passed since the government rolled out GST in India but its compliance has been a big headache for the taxpayers. To handle these challenges, the GST Council held its 22nd meeting at New Delhi on the 6th of October 2017. […]
September 19, 2017

Advantages and Disadvantages of GST

  GST is a destination based indirect tax which has replaced several other indirect taxes earlier levied in the country. The tax has created a coalition between central and state levels and reformed the taxation regimes. It has provided a basic single and cooperative linkup […]
July 21, 2017

The Most Popular GST Myths Debunked

After much preparation, debates, and anticipation; GST was rolled out in India on the midnight of 30th June, i.e. on July 1, 2017. The One Nation One Tax formula is being hailed as a positive measure for India by international agencies like Moody’s and the […]