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ICAI GST Newsletter Volume 1 (Issue 4) – May 2017
Esteemed professional colleagues,
GST aims at unifying the economy of the country into a common market by eliminating inter-state barriers to trade in goods or services. The much awaited tax reform will minimize the adverse impact on the common man without affecting the quantum of government revenues.
The GST Council, in its meeting held on 18th and 19th May, 2017 has approved seven more draft Rules on
various aspects of GST and related forms viz, Rules on Composition, Valuation, Input Tax Credit, Invoice Debit & Credit Notes, Payment, Refund, and Registration. GST Council also approved chapter containing rate schedule for goods and services as well as the GST compensation cess rates and notified services on which reverse charge applies
Download ICAI GST Newsletter Volume 1 (Issue 4) in PDF (24 Pages): Click Here
Earlier Issue: click here