GST Archives - H&R Block| Blog
December 29, 2016

10 Steps to be GST Ready

GST is a significant tax reform which will completely transform indirect taxation in India. Almost all types of industries and businesses will be affected by it. GST may simplify indirect taxation later but first businesses need to take necessary steps to make themselves GST ready. […]
December 23, 2016

How will GST Change Logistics Industry in India?

The future of Indian logistic industry looks bright, thanks to e-commerce penetration, economy revival, proposed GST implementation and government initiatives like Make in India, National Integrated Logistic Policy, 100% FDI in warehouses, food storage facilities, etc. In the Indian logistics industry, transportation enjoys a lion’s […]
December 21, 2016

How will Manufacturing Industry be Affected by GST?

Manufacturing industry has been a growth driver for various developed countries in the past but India’s manufacturing sector has always been a lackluster performer. India’s complex tax structure can partly be blamed for the stagnant growth of this industry. Government knows the importance of this […]
November 23, 2016

5 Major GST Implementation Issues

The passage of the much-anticipated Goods and Services Act (GST) and its possible rollout from April 2017 constitute changes that most businesses are eagerly looking forward to. However, while the reform has the potential to transform ease of doing business, it is also fraught with […]
November 15, 2016
Goods and Services Tax

All You Want to Know About GST

After a long wait, the potentially game-changing Goods and Services Tax regime is finally set to be a reality. With the recent GST Council meeting paving the way for slab rates, the stage seems set for an April 2017 rollout, provided final negotiations are completed […]
November 4, 2016
GST Slab Rates

GST Slab Rates Announced for Goods

GST Council finally announced tax rates for GST. There will be 4 rates for GST which have been put in place keeping in mind the necessity and importance of goods and services. November 4, 2016 was the day when the council could finally reach a […]
September 27, 2016

A Brief Introduction to GST

Goods and Services Tax or Indian version of GST is a destination based tax proposed by the government with the aim to eliminate several indirect taxes like VAT, Central Excise Duty, Sales Tax, Service Tax, etc. It is fondly described as one tax for one […]