Blog - GST Accounting Software for Business | eZcom, Kerala, India

GST: Important points to note

Here are a few important points that need to be noted regarding GST: GST shall be completely implemented by 1st of June 2017. Types of taxation in GST IGST: Integrated GST CGST: Central GST which with replacement CST SGST: State GST which will replace VAT The migration towards the enrolment of GST will start again […]

Positive Aspects of GST

The most important reason for the implement GST is to avoid the cascading effect on tax. In the current system a product on which excise duty has already been paid can also be liable for VAT. Suppose a product named A is manufactured in a factory. As soon as it is released from factory, the […]