Good & Services Tax FAQ

There are number of questions in minds of taxpayers about GST and there is genuine interest for being GST Compliant.  GST is replacing over 8 Central Government taxes, 9 state government taxes and numerous local body taxes.  Many of the provisions of these taxes and rules are copy pasted but some provisions are totally new in view of invoice matching. Furthers GST law is still evolving resulting into constant changes and revised dates for implementation. Therefore we thought it necessary to provide FAQ on GST which would be helpful to the users.