Category : GST


GST Council makes headway on bills, stuck on taxpayer control…

Dual control is part of Integrated-GST that Parliament needs to pass before new regime rolls out…!!!

The all-powerful GST Council Friday made a ‘reasonable headway’ on supporting legislations for the new indirect tax regime but its rollout from April 1 looked virtually impossible as it postponed discussion on the critical issue of administration and control of tax payers.

The panel, which met for the seventh time since the Constitutional Amendment to replace central and state taxes with a Goods and Service Tax was approved in mid-September, tweaked the periodicity of payment of compensation for loss of revenue to states for implementation of GST to bi-monthly instead of previously decided quarterly payment.

Also, the Council decided to create the kitty for the compensation ‘from any other tax’ beside the cess on luxury and sin goods it had previously approved, as states saw revenues being dented by a slowdown in economic activity and resultant tax collections following demonetisation.

The GST Council will meet again on January 3-4 2017 and take up the issue of which part of taxpayers should be controlled by the Centre and who should be governed by the states after a single tax will replace levies like central excise, service tax and VAT.

The dual control is also part of the Integrated-GST legislation that Parliament needs to pass before the new regime is rolled out.

But for this stumbling block, mirror legislations of CentralGST and State-GST, that have to be approved by Parliament and state assemblies respectively, neared finality with most clauses agreed upon.


By- CA Amit Shah

Read More



©Amit Shah & Company
For private circulation only


This publication does not constitute professional advice. The information in this publication has been obtained or derived from sources believed by Amit Shah & Co. to be reliable but Amit Shah & Co. does not represent that this information is accurate or complete. Any opinions or estimates contained in this publication represent the judgment of Amit Shah & Co. at this time and are subject to change without notice.


Readers of this publication are advised to seek their own professional advice before taking any course of action or decision, for which they are entirely responsible, based on the contents of this publication. Amit Shah & Co. neither accepts nor assumes any responsibility or liability to any reader of this publication in respect of the information contained within it or for any decisions readers may take or decide not to or fail to take.
Produced By-

Amit Shah & Co.

Chartered Accountants

“Shree Parshwa”, 138/2, E Ward,

Near SwaminarayanMandir,

Behind IDBI Bank,

Assembly Road,

Kolhapur –  416 001
Documents Required For GST Registration

  • Proof of Constitution of Business
    In case of Partnership firm: Partnership Deed of Partnership Firm 
    In case of Others: Registration Certificate of the Business Entity
  • Photograph of Promoters/ Partners/ Karta of HUF
  • Proof of Appointment of Authorized Signatory 
  • Opening page of Bank Passbook/ Statement containing Bank Account Number of < Account Number>, Address of Branch,
    Address of Account holder and few transaction details.
Read More
1 2 3 4