GST Archives | H&R Block | Blog
March 14, 2018
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Impact of GST on Affordable Housing

One of my friend’s recently paid of the mortgage on his house, which he purchased over ten years ago.  He fulfilled his dream of having his own home, which was designed exactly the way he had always wanted.  He also, after paying of the house […]
March 10, 2018
26th gst council meeting

26th GST Council Meeting – Key Takeaways

The 26th GST Council Meeting which was earlier scheduled to be held on March 1, 2018, finally took place on March 10, 2018. Here are the key takeaways from the meeting. 1) No decision on simplification of return filing process As per its plan, the […]
March 4, 2018

Common Errors Faced During GST Reconciliation

Common Errors Faced During GST Reconciliation Finding the partner in life that is your perfect match can be a major factor in how your life plays out.  With your perfect match, even the hurdles and setbacks faced during life can be overcome.  However, if you […]
March 4, 2018

Advantages of Invoice Matching with earlyGST Reconciliation Service

Mistakes happen in life.  It is the lessons we learn from the mistakes which helps as evolve as human beings, if you are willing to learn and grow.  However, not all mistakes are blessings in disguises, containing lessons.  Some mistakes can be avoided, such as […]
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 19, 2018

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 […]
January 9, 2018

Due Dates Extended for Filing GSTR-1

Taking into account, the recent notifications issued by the Government of India, namely 71/2017 – Central Tax and 72/2017 – Central Tax; the due dates for filing of GSTR 1 have now been extended. These notifications are released on the CBEC/Government website, and sources in media have also confirmed […]
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.