Bird Eye of View of GST Law

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Presentation transcript:

Bird Eye of View of GST Law IGST + CGST +SGST + RULES TRANSISTIONAL +ANTI PROFEETERING GSTN

Bird Eye of View of GST Law LEVY SUPPLY TIME VALUE PLACE ITC COMPENSATION LEVY ANTI PROFITEERING TRANSITIONAL

PROFESSIONAL OPPOURTUNITIES UNDER GST WIDENING OF TAX BASE INCREASE IN COMPLIANCE NEED TAX ADVISORY AND OTHER SUPPORT LITIGATION SUPPORT IT SUPPORT TRAINING

CHALLENGES IN IMPLEMENTATION OF GST Common Approach & Harmonization of Laws across all states Monitoring of inter state trade and by flying squad & E-Way bill Implementation of IT Infrastructure by all States Through Re-engineering of Departments of SGST & CGST A Common Dispute Resolution Mechanism Transparent Settlement mechanism between state Compensation Package to States for Losses Acceptance of state on loosing of some Autonomy Trainings

MINIMUM OF 37 ONLINE FILINGS PER STATE PER SUPPLIER

GST WILL BE VERY SIMPLE

GST WILL PROVIDE SEAMLESS CREDIT

GST IN INDIA