GSTIndiaPro: Recent Episodes
GSTIndiapro India
I am Vineet Sahay, from Noida, I am a company secretary by profession and have been performing ‘compliance and taxation Jobs’ for last one and half decades. I also have been actively engaged in disseminating ‘information & updates’ about Goods and Services Tax for last Two Years. I have published more than 150 blogs on GST mainly on my LinkedIn account, you can find me there as Sahayvineet, you can also Google me with my name and you will certainly reach to me and my works. For quite some time I was feeling that I should try some more interactive medium to share my thoughts on GST, initially, I thought about Youtube or other visual medium, but it was podcasting which excites me the most, so I am before you, with this podcast series, named as GSTIndiapro. In this podcast series, I will try to incorporate latest news, interesting topics and information related with GST.
In general, GST is payable by a person who consumes 'goods or services or both' BUT it is collected by the suppliers, who is supplying goods or service or both and deposit the same with the Government besides this, the suppliers also liable to file returns and make other compliances as provided under GST. Therefore GST liabilities is on consumers but compliance liabilities are on the Suppliers.
however, there are some exceptions to this rule, where the liability to pay GST is casted upon supply receivers, it is so, because, it is easy for tax authorities to regulate Organise taxpayers in comparison with large numbers of small suppliers. For example 1000-10,000s of transporters are providing transportation services to Reliance Industries, under Reverse Charge Mechanism, the GST will not be collected by these transporters instead the Reliance Industries will deposited GST on all transportation services availed by it, which is contrary to the general principal.
Hello Everyone warm welcome to this first episode of podcast of a series named as GSTIndiaPro, I want to take a moment just before I start, to thank all listeners.
I am Vineet Sahay, from Noida, I am a company secretary by profession and have been performing ‘compliance and taxation Jobs’ for last one and half decades.
I also have been actively engaged in disseminating ‘information & updates’ about Goods and Services Tax for last Two Years. I have published more than 150 blogs on GST mainly on my LinkedIn account, you can find me there as Sahayvineet, you can also Google me with my name and you will certainly reach to me and my works.
For quite some time I was feeling that I should try some more interactive medium to share my thoughts on GST, initially, I thought about Youtube or other visual medium, but it was podcasting which excites me the most, so I am before you, with this podcast series, named as GSTIndiapro. In this podcast series, I will try to incorporate latest news, interesting topics and information related with GST.