C.A. Adarsh Madrecha - GST India
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Blog by Adarsh Madrecha on GST India - Goods and Services Tax. Adarsh is a Techno savvy Chartered Accountant, Keen blogger with interest in new Technologies, Accounts, Indirect Taxation
C.A. Adarsh Madrecha - GST India
3y ago
GST will be applicable from 1st July, reverse count down has already begun. Everyone is gearing up to be GST compliant, may it be knowledge, technology or business processes.
Keeping up with a new law introduction is very time consuming and a daunting task. Now it need not be with "gstindia.net Weekly" Newsletter. A Weekly newsletter for tax payers as well as tax professionals covering - Blogs, News, Events, Files, Tools, Notification.
Read 1st edition of gstindia.net Weekly
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C.A. Adarsh Madrecha - GST India
3y ago
Beta Launch of http://gstindia.net It is a forum for tax experts.
A website where all the tax experts can share their views. This will help them in build their professional brand and also showcase their forte.
Register at gstindia.net today and start building your professional brand.
It is simple and easy to use.
Since it's still under development, if you come across any bug or if you have a suggestion, please share the same on below email address.
Wish you a happy new year.
If you are interested in becoming a moderator, feel free to contact me via above email address.
PS: This ..read more
C.A. Adarsh Madrecha - GST India
3y ago
As a trader, today you are liable for registration under State VAT if your turnover exceeds the prescribed threshold limit. You are also liable for registration under Central Excise if you trade in Excisable goods. You are allowed to avail input VAT credit and set it off against the output tax liability. However, the excise duty you pay will not be available as credit, and it will be added to the cost of the product, and subsequently passed on to the buyer.
In the GST regime, it does not matter if you are a manufacturer, a trader or a service provider. Input tax credit is available across ..read more
C.A. Adarsh Madrecha - GST India
3y ago
CBEC has uploaded updated GST Bills which will be presented in parliament very soon.
GST Bill (aka Model GST Law) has reduced from 193 pages to 163 pages.
While we at +Madrecha Solutions are going through the revised Model GST Law to study the changes in revised draft, you can also download the same from the links below.
Revised Draft Model GST Law
Draft IGST Law
Draft GST Compensation Law
Looking for more files for download? Visit the updated GST India Download Page ..read more
C.A. Adarsh Madrecha - GST India
3y ago
Launching "GST Bites", Video Series on GST. Since passage of Constitution Amendment bill for GST, we saw a plethora of sites writing / explaining GST and it's nitty-gritties. But, many GST learners found themselves lost in this ocean of GST articles / blog posts. More importantly, there is very little reliance on the articles that we read unless, you know credentials of the author. Hence, launching a video series which will be made by three Chartered Accountants.
Credentials of the authors for this Video Series -
Ashok Kumar Madrecha (CA, BCom Hons) - Practicing CA since 1989
Adarsh A ..read more
C.A. Adarsh Madrecha - GST India
3y ago
Starting new blog on - Excel, Data Analytics, Office Management.
adarshmadrecha.blogspot.com
Since GST was delayed (5th time now), I was free to concentrate on new Idea for my Blog.
I found that many office goers face difficulty in using Excel. After all, Excel is the most used software in any CA Firm or Company.
Here, I shall be posting about
Excel Tips and tricks
Excel Videos
Data analytics - How to get insights
Office Management
Excel Macros
Excel User Defined Function
Posts Just to have a glimpse of what this blog will be about, have a look at the posts which are already ..read more
C.A. Adarsh Madrecha - GST India
3y ago
Will food products become dearer? Will Land and Real estate be kept under GST? Will Service providers be happy with GST? How Manufacturers would be affected? What’s going to be in case of Works Contracts? How Power and Telecommunication sector be adversely affected? What about International Trade? Whether it will be zero rated or taxed??
This article will elaborate us the impact of GST on our Key Sectors / Industries. Let’s go through these specific sectors of Indian Economy and understand how each sector will be affected with the introduction of GST.
1. AGRICULTURE:
Presently in India, mos ..read more
C.A. Adarsh Madrecha - GST India
3y ago
The Institute of Chartered Accountants of India - ICAI, with a view to update the members and other stakeholder about GST, has launched a Background Material on GST. The material covers various topics like concept of GST, its pros and cons, its feasibility & impact in India, challenges for Indian economy, GST in other countries etc. It is an all-inclusive material, which would provide an insight to the basic concepts of proposed GST regime. You can download the Background Material on GST from Knowledge Portal of ICAI, which is also available on the following link:Download GST Book - htt ..read more
C.A. Adarsh Madrecha - GST India
3y ago
By CA Vinod Kaushik
Background Before going into the depth of Constitution of India and its amendments we have to first understand why it needs to be amended to bring the GST Law. The GST Law is seen as one of the biggest tax reform in our country since Independence. The man who is behind this concept of GST in India is Mr. Atal Bihari Vajpayee who was the prime minister of India from 1998-2004. The Domestic and Foreign Industry Players are always having concerns with our present Indirect Tax System and its administration. India is Federal Country where Centre and State has its own taxat ..read more
C.A. Adarsh Madrecha - GST India
3y ago
2nd Video on GST Video Tutorials - Why need for Constitution Amendment for GST
Subscribe by clicking on YouTube below ..read more