Everything you should know about GST

We all have heard about Goods & Services Tax. It is one of the many legislatures that are pending in the list of changes that we might see in times to come. But GST is something totally different from all these. This tax is a consolidation of many indirect taxes already levied in India, thereby drastically overhauling the system of indirect taxes in India.

Service Tax – Reverse Charge Made Easy!

Change is for good – if you believe it, good enough; but if you do not, well – it will change! That is the only piece of advice that can be rendered to people who are confused owing to some of the amendments in the service tax law. A big chunk of the law was amended last year; and even as of today, there are a number of practical difficulties that are being experienced as a result of it. Here, we touch upon one of these sensitive matters and try to have a 360⁰ view of the issue – Reverse Charge.