CA Rashmi Jain
27 articles written by CA Rashmi Jain on ConsultEase.
Impact of India’s GST model on retail trade by CA Rashmi Jain
Impact of India’s GST model on retail trade While there is no structured study undertaken with the relevant data that is known to My Take; an attempt is made in this note to understand and appreciate the impact of India’s GST model on retail trade.
GST and Infra Sector including Real Estate: By CA Rashmi Jain
GST and Infra Sector including Real Estate Since completed homes will not be impacted by GST as a buyer already pays stamp duty to the government on the transaction so selling an under-construction apartment and renting of properties are likely to come under the ambit
GST and Logistic Industry – Likely scenario
Presently the transporters transporting goods and engaged in logistics business suffer from a very complex and tax centric approach. GST will have impact on this industry – perhaps more than other service providers. 2. The industry at present keeps in mind the provisions of CST
Impact of GST on Importers and Exporters: By CA Rashmi Jain
Impact of GST on Importers and Exporters We are seventh largest economy in the world and presumably fastest growing. Imports and exports both show economic growth and the trends in domestic Indian demand for goods and services. GST will change the way of doing business
Impact of GST on IT sector : By CA Rashmi Jain
Impact of GST on IT sector IT services will definitely get taxed at a higher rate than the prevailing Service Tax rate of 14.5%. Thus prima-facie it appears that cost of IT services would jump, especially for end customers who do not claim input credit.
GST and Petroleum Sector: By CA Rashmi Jain
GST and Petroleum Sector-Will non-inclusion of Petroleum Products in GST cause inflation? Yes, say the experts. We are the third largest consumer of crude oil with a consumption of 4.2 million barrels per day (calendar year 2015 data). US top and China is number second.
GST AND DELHI ECONOMY – LIKELY IMPACT ON DIFFERENT SECTORS
GST AND DELHI ECONOMY- DELHI PROFESSIONALS AND TRADE HAVE TO START UNDERSTANDING, APPRECIATING AND IMPLEMENTING GST LAW INTO THEIR BUSINESSES RIGHT FROM THE WORD GO. THE LIKELY SECTORS WHERE IMPACT WILL BE HIGH, MY TAKE FEELS, ARE AS FOLLOWS 1. Infrastructure: Works contract is now
GST Council all important meeting in November: By CA Rashmi Jain
What is the four tier GST structure? The GST Council has proposed a four-tier GST structure starting from 6 percent, two standard rates at 12 and 18 percent and the highest one at 26 percent with a further cess for luxury and demerit goods like
GST COUNCIL MEETING ON 3RD AND 4TH NOVEMBER – CHALLENGES AND OPPORTUNITIES: By CA Rashmi Jain
GST COUNCIL MEETING ON 3RD AND 4TH NOVEMBER- GST JOURNEY started way back in 2008, came to an end when 122nd Constitutional Amendment was adopted in India paving the way for goods and service tax regime in India – touted as the most important indirect
GST – Classification of Goods – A real game
GST – Classification of Goods – A real game to be played nowThe joy that the Central Government may have experienced after getting the GST (Goods and Services Tax) council to agree to the rates and slabs for the new tax may be short
GST AND DOMONETIZATION – MY TAKE: By CA Rashmi Jain
1. There is no correlation or corroborative research conducted showing interrelationship between demonetization and GST introduction. Even though economists agree that GST is a good economics for India; but demonetization has still to prove itself as a good economics strategy. 2.
Main Issues with revised Model GST Law
In my last my take I wrote GST is good economics but demonetization was perhaps not. Today, I repeat the same thing. If GST is deferred the “differential advantage” that the Union Government wanted to possess, is simply gone. States also must realize this. Today’