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What is GST in India? Goods & Services Tax Law Explained

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1. What is GST? GST is an Indirect Tax which has replaced many Indirect Taxes in India. The Goods and Service Tax Act was passed in the Parliament on 29th March 2017. The Act came into effect on 1st July 2017; Goods & Services Tax Law in India is a  comprehensive ,  multi-stage ,  destination-based tax  that is levied on every  value addition . In simple words,  Goods and Service Tax  (GST) is an indirect tax levied on the supply of goods and services. This law has replaced many indirect tax laws that previously existed in India. GST is  one indirect tax  for the  entire country . So, before Goods and Service Tax, the pattern of tax levy was as follows: Under the GST regime, the tax will be levied at every point of sale. In case of intra-state sales, Central GST and State GST will be charged. Inter-state sales will be chargeable to Integrated GST. Now let us try to understand the definition of Goods an...
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ATAL BIHARI VAJPAYEE JOURNEY

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Atal Bihari Vajpayee   BR   PV  (pronunciation  [əʈəl bɪhaːɾiː ʋaːdʒpai] ; 25 December 1924 [1]  – 16 August 2018) [2]  was an Indian politician who thrice served as the  Prime Minister of India , first for a term of 13 days in 1996, for a period of eleven months from 1998 to 1999, and then for a full term from 1999 to 2004. Atal Bihari Vajpayee BR   PV Vajpayee in 2002 10th  Prime Minister of India In office 19 March 1998 – 22 May 2004 President K. R. Narayanan A. P. J. Abdul Kalam Deputy L. K. Advani Preceded by I. K. Gujral Succeeded by Manmohan Singh In office 16 May 1996 – 1 June 1996 President Shankar Dayal Sharma Preceded by P. V. Narasimha Rao Succeeded by H. D. Deve Gowda Minister of External Affairs In office 26 March 1977 – 28 July 1979 Prime Minister Morarji Desai Preceded by Yashwantrao Chavan Succeeded by Shyam Nandan Prasad Mishra Personal details Born 25 December 1924 Gwalior ,...
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TOP 5 TEXTILE DESIGNERS

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I’m writing this blog in between frantically sorting through the finishing touches to SS17. Searching through print after print, choosing trims and constantly editing and refining the colour palette. Everything is nearly finished and I’m itching to start the next season. I have been looking through some of my favourite textile designers for inspiration and ideas and thought I would share some of my musings with you.   1.VANESSA BELL The sister of author Virginia Woolf, Vanessa Bell was well known in her own right. Vanessa was a textile designer in the mid 1930’s who created some fabulous vintage style prints. Vanessa started as a director of the experimental design collective, Omega workshops and in 1916 Vanessa Bell and her friend Duncan Grant moved to Charleston Farmhouse in East Sussex. The house is an artist’s dream, every wall, chair, curtains and even lampshades were designed by Vanessa, Duncan and their artist friends. They painted murals and patterns on everything t...
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