CA Inter GST for Nov22 / May 23 By CA Ramesh Soni
About CA Inter GST
GST (Goods and Services Tax) is an indirect tax (sometimes known as a consumption tax) imposed on the supply of goods and services in India.
It is a destination-based, multistage, comprehensive tax: comprehensive since it includes practically all indirect taxes, with the exception of a few state levies.
The GST, as a multi-staged tax, is imposed at each stage of the production process, but it is intended to be refunded to all parties involved in the various stages of production except the final consumer, and as a destination-based tax, it is collected from the point of consumption rather than the point of origin, as previous taxes were.
GST (Goods and Services Tax) is an indirect tax levied on the provision of goods and services in India (sometimes known as a consumption tax).
It’s a multi-stage, destination-based comprehensive tax: comprehensive since it incorporates almost all indirect taxes, with the exception of a few state levies.
The GST is a multi-stage tax that is imposed at each stage of the manufacturing process, but it is intended to be refunded to all parties involved in the various stages of production except the final consumer, and it is collected at the point of consumption rather than the point of origin, as previous taxes were.
The tax took effect on July 1, 2017, when the Indian government implemented the One Hundred and First Amendment to the Indian Constitution.
The GST replaced a number of different taxes imposed by the federal and state governments.
The GST Council, which is made up of the finance ministers of the federal government and all states, sets the tax rates, rules, and regulations.
The GST is designed to change the country’s $2.4 trillion economy by replacing a myriad of indirect taxes with a single tax, but its execution has been criticized.
The GST has had a positive impact on interstate travel time, which has decreased by 20% as a result of the dismantling of interstate checkpoints.
About CA Ramesh Soni teacher of CA Inter GST
If you’ve got got a hassle associated with charts, numbers, taxes, or for that matter, remembering all of them, CA Ramesh Soni has the solution.
With progressive and interactive simplified visuals of complicated sections, Ramesh weaves the magic that facilitates scholars to recollect the ideas and sections easily. Aptly, he’s called “The Chart Master” with the aid of using his college students. His cloth, each realistic and experiential, facilitates scholars to apprehend and preserve complicated sections into the most effective forms.
His substances are designed now no longer to make college students simply learn, but additionally to apprehend, preserve and observe ideas from each exam and expert point-of-view.
His mantra may be very simple, “Practice Makes a Man/Woman Perfect” Ramesh cleared Chartered Accountancy in 2014.
He labored as a Forensic Associate in KPMG and an audit partner in Singhvi, Dev, and Unni. He has been coaching for five years and has taught over 5000 college students from diverse fields inclusive of CA, CS, and ACCA.
Ramesh has been related to prestigious establishments inclusive of Christ University (CA and CS), ICAI Mangalore, and ICAI Bangalore.
He is called one of the maximum innovative running shoes for IDT and the rave critiques from all his college students mirrored the image of his abilities.