- published: 18 Oct 2016
- views: 38530
Goods and Services Tax may refer to:
In economics, products can be classified into goods and services. Goods are items that are tangible, such as books, pens, salt, shoes, hats and folders. Services are intangibles provided by other people, such as doctors, lawn care workers, dentists, barbers and waiters. According to economic theory, consumption of goods and services is assumed to provide utility (satisfaction) to the consumer or end-user, although businesses also consume goods and services in the course of producing other goods and services.
Physiocratic economists categorized production into productive labour and unproductive labour. Adam Smith expanded this thought by arguing that any economic activities directly related on material products (goods) were productive, and those activities which involved non-material production (services) were unproductive. This emphasis on material production was adapted by David Ricardo, Thomas Robert Malthus and John Stuart Mill, and influenced later Marxian economics. Other, mainly Italian, 18th century economists maintained that all desired goods and services were productive.
GST may refer to:
Atlantic City is a resort city in Atlantic County, New Jersey, known for its casinos, boardwalk and beach. In 2010, it had a population of 39,558.
Atlantic City was the inspiration for the original version of the board game Monopoly, especially the street names.
It is on Absecon Island, on the Atlantic coast. Atlantic City was incorporated on May 1, 1854, from portions of Egg Harbor Township and Galloway Township. The city borders Absecon, Brigantine, Pleasantville, Ventnor City and West Atlantic City.
Because of its location in South Jersey, hugging the Atlantic Ocean between marshlands and islands, Atlantic City was viewed by developers as prime real estate and a potential resort town. In 1853, the first commercial hotel, The Belloe House, located at Massachusetts and Atlantic Avenue, was built.
The city was incorporated in 1854, the same year in which the Camden and Atlantic Railroad train service began. Built on the edge of the bay, this served as the direct link of this remote parcel of land with Philadelphia, Pennsylvania. That same year, construction of the Absecon Lighthouse, designed by George Meade of the Corps of Topographical Engineers, was approved, with work initiated the next year. By 1874, almost 500,000 passengers a year were coming to Atlantic City by rail. In Boardwalk Empire: The Birth, High Times, and Corruption of Atlantic City, "Atlantic City's Godfather" Nelson Johnson describes the inspiration of Dr. Jonathan Pitney (the "Father of Atlantic City") to develop Atlantic City as a health resort, his efforts to convince the municipal authorities that a railroad to the beach would be beneficial, his successful alliance with Samuel Richards (entrepreneur and member of the most influential family in southern New Jersey at the time) to achieve that goal, the actual building of the railroad, and the experience of the first 600 riders, who "were chosen carefully by Samuel Richards and Jonathan Pitney":
Service tax is a tax levied by Central Government of India on services provided or to be provided excluding services covered under negative list and considering the Place of Provision of Services Rules, 2012 and collected as per Point of Taxation Rules, 2011 from the person liable to pay service tax. Person liable to pay service tax is governed by Service Tax Rules, 1994 he may be service provider or service receiver or any other person made so liable. Few services are presently exempt in public interest via Mega Exemption Notification 25/2012-ST as amended up to date & few services are charged service tax at abated rate as per Notification No. 26/2012-ST as amended up to date. Presently from 1 June 2015, service tax rate has been increased to consolidated rate @ 14% of value of services provided or to be provided. The service tax rate now is consolidated rate as education cess & secondary higher education cess are subsumed with 2% of "Swachh Bharat Cess(0.50%)" has been notified by the Government.
A complete overview on Goods and Services Tax of India, Topics covered Present Taxation Vs GST, Input Tax Credit Adjustment, Registration, GSTN, Rate of GST, Returns and payments, GST is in replacement of Excise, Vat , Sales Tax, Service Tax and some other State and Central Taxes , This Class is prepared by Amarjeet Singh for City Commerce Academy. Recording Date 15.10.2016 , upcomming luctures GST accounting with Tally erp 9 accounting software
A complete overview on Goods and Services Tax (GST) of India, Topics covered Present Taxation Vs GST, Input Tax Credit Adjustment, Registration, GSTN, Rate of GST, Returns and payments, GST is in replacement of Excise, Vat , Sales Tax, Service Tax and some other State and Central Taxes. Goods and service tax (GST) will be applicable from 1st July 2017.
Goods And Services Tax (GST) Bill is Approved from both the houses & It is going to Roll out across INDIA From 1st July 2017. How GST can be used to make One Nation, One Tax is explained in this video in HINDI. The GST is a Value added Tax (VAT) is proposed to be a comprehensive indirect tax levy on manufacture, sale and consumption of goods as well as services at the national level. It will replace all indirect taxes levied on goods and services by the Indian Central and state governments. Queries Solved: 1) What is GST Bill in Hindi 2) How GST Will Work 3) Direct Tax vs Indirect Tax 4) Service Tax vs VAT (Value added Tax) vs GST (Goods And Services Tax) 5) Difference Between Current Tax Situation va GST 6) GST Price Rate Details in Hindi 7) Goods And Services Tax Registration Details 8)...
GST Bill: A to Z of Goods and Services Tax Explained HINDI Watch brilliant explanation of GST bill in Hindi. GST will be
Jayant Sir Ki GST Class: Know everything about Goods and Services Tax For latest breaking news, other top stories log on to: http://www.abplive.in & https://www.youtube.com/c/abpnews
Goods and Services Tax: Complete list of products and their GST rates
Goods and Service Tax (GST) will not fuel inflation in India unlike in other countries as India is moving from multiple taxes which had cascading effect to a single tax regime, Revenue Secretary Hasmukh Adhiya said Tuesday. Briefing media at a GST Conclave here, he said the final price of goods will be much lower under the GST regime as a large segment of small retailers will either be exempted from paying any tax or will have to pay at a very low rate. "It is wrong to say that GST will have inflationary impact as we are moving from a multiple tax regime to a single tax whereas the other countries of the world moved from single point tax to multiple tax regime which had a cascading impact,” Adhia said ahead of government’s plan to roll out the indirect tax regime from July one. He said ...
What is GST (Goods and Services Tax India) | Basics of GST Bill for Beginners #GSTbill In an historic decision, Rajya Sabha passes the GST Bill on Aug 3. This Bill has perhaps got the highest Press in recent times and is being considered as the biggest Reform since 1991 Financial Reforms. Already 140+ countries have GST globally. So, What is GST? How it is different from current tax structure? These are the questions we have explained in this video. Wikipedia definition says, "Goods and Services Tax" would be a comprehensive indirect tax on manufacture, sale and consumption of goods and services throughout India, to replace taxes levied by the Central and State governments. Find us on Social Media and stay connected: Facebook Page - https://www.facebook.com/yadnyaacademy Facebook Group...
In this video I am explaining Everything you need to know about GTS bill i.e goods & services tax bill in hindi ****************************************************** Word Power Made Easy Series : https://goo.gl/6siIR5 Coding- Decoding New Pattern: https://goo.gl/SnrS6M Economics Lectures: https://goo.gl/XUYM30 Reasoning for SBI PO: https://goo.gl/61e9mi Syllogism New Pattern: https://goo.gl/KvzfbJ English New Pattern : https://goo.gl/Ci290c Data Sufficiency: https://goo.gl/NSxIUa All Reasoning Ability Videos : https://goo.gl/o4BwxS All Quantitative Aptitude Videos: https://goo.gl/p8jorg Binary Coding : https://goo.gl/Y2NN5Z Coding Decoding : https://goo.gl/TfxEsy Spotting Error : https://goo.gl/Xdll51 Order and Ranking : https://goo.gl/yM9tYu Static Gk : https://goo.gl/uEIPSL Alphanumeri...
For latest breaking news, other top stories log on to: http://www.abplive.in & https://www.youtube.com/c/abpnews
Jamil Baig is an FCA and an advocate. He was our guest at LCCI to discuss the income tax and sales tax needs of a small business. In this video he explains are: 1. What documentation is required to start a new business. 2. How you can get national tax number and what it costs. 3. Why you don't need NTN for bank account. 4. How you can register yourself with sales tax department and what is its fee. 5. How sales tax on services and goods is treated by different authorities. 6. What is wealth statement. 7. What is association of persons and how it is registered. 8. What is a company and how a company is registered. 9. What are the pros and cons of a private limited company. Mr. Jamil Baig has kindly consented to provide free advice for up to 1 hour to our viewers in his office or on phone...
In the fourth segment of the Protecting Your Assets series, Judy Herrmann of 2goodthings.com, clarifies the intricate workings of Sales & Use tax for photographers including: + How Sales & Use Tax works in different states + What to do if you haven't been collecting Sales Tax + How Sales & Use Tax applies to tangible goods, services and electronic delivery + Handling Sales Tax with out of state clients + Handling Sales Tax with clients who plan to resell your work + Getting a Resale Tax Certificate and/or Manufacturer Exemption + Remitting state and local Sales & Use Taxes In less than 10 minutes, you’ll learn how different states handle Sales & Use Tax plus you’ll know how to get the right answers about how Sales & Use Tax works in your specific locale. Watch the video then go to 2goo...
ALOHA FOR JAPAN is supported by a Hawai`i coalition that includes the State of Hawai`i, led by the Office of the Lieutenant Governor; Hawai`i’s major banks; and a host of island businesses, community groups, public officials and individuals. We also have the wholehearted support of the Japanese Consulate-General, Honolulu. The group was formed a day after the Japan disaster at the behest of Hawai`i Governor Neil Abercrombie, who sought to organize a coordinated, statewide effort to collect donations for victims of the earthquake and tsunami. The Governor’s call came on the heels of an immediate outpouring of support from throughout Hawai`i expressing a desire to assist the victims and their families. The ALOHA FOR JAPAN campaign also drew inspiration from a team of talented, local design...
http://www.americanprogress.org/issues/domestic Who's to blame for the global financial crisis? A cynical conservative agenda that rewrote the rules for the rich. Today, working Americans feel less and less secure, and their prospects for economic mobility seem more and more remote. People are working longer hours than ever before, change jobs more frequently, and have more volatile incomes. Forty-seven million live without health insurance. Few are represented by a union. Many face tough competition from lower-wage workers abroad. The land of the American Dream now has less inter-generational income mobility than many other developed countries. Family incomes have risen on average within generations only because the incomes of women have risen as their participation in the workforce has ...
Bridging AZ is a furniture bank based in Mesa, Arizona but services the entire valley. Started by Jim Piscopo and his wife Donna in 2004, Bridging AZ Furniture Bank is a non-profit organization that provides families in need with the furniture and household items necessary to create a safe, comfortable and healthy home environment. Please make a tax deductible donation today and help Bridging AZ with it's mission of providing basic furniture and household goods to economically disadvantaged individuals and families living in our community. THANK YOU!!
"Hearts of Glass" tells the story of the critical first year of operation of Vertical Harvest (VH), a highly innovative, but risky, experiment in growing crops and providing meaningful employment to people with disabilities. VH is an “urban farm” on 1/10 of an acre at an elevation of 6,237 feet. The cutting-edge greenhouse is located in Jackson, Wyoming, a tourist destination with extreme seasonal fluctuations in weather, population and demand for goods and services. Six years in the making, at a cost of $3.8 million, VH is the brainchild of two women who asked “Is it possible to provide vegetables and fruits to our community year-round while also creating fair-paying jobs in an integrated setting for citizens with disabilities?” The project combines technologically advanced vertical hydr...
What is the state of the Irish market and purchasing in your region? The Irish market is a very uncertain one at present. It has gone from boom to very much bust in a matter of years. Unemployment has gone from relatively full employment to circa 14% unemployed (400,000+) in just over 3 years. On top of a global economic downturn which hurt a small open economy like Ireland the country also relied on continued tax returns from an over heated property sector, which has crashed. From being a net contributor to EU coffers, Ireland is now relying on IMF and EU bailouts. Taxation has increased and public sector spending is being slashed. Several banks have been privatised and there is little or no funds available for companies to borrow. During the boom years prices for both goods/services an...
Omniarchy The new civil society is a network that decides and elaborates. It is independent and doesn’t acknowledge hierarchy: it only accepts a higher moral authority. Every citizen feels like a King and joins the network to gain and give strength. He sees the network as salvation, like a sort of ark. Omniarchy means solidarity, brotherhood, communion, making decisions together in a network of peers: a horizontal government. Omniarchic republic based on men Omniarchy is based upon a constitutional model whose main focus is the mankind. Everything is centered upon men, every constitutional element is linked to the actions of men. The omniarchic republic will be based on men and it will have an automatic jurisdiction. Laws will be applied automatically and without recurring to burocra...
In this video press release, Assembly Speaker Vincent Prieto (D-Hudson) issues a statement following the Assembly Judiciary Committee’s unanimous, bipartisan approval of his sweeping new economic recovery legislation that would provide Atlantic City with stable annual payments in lieu of property taxes from casinos and create a special new planning committee with significant powers to reform city spending and operations. The speaker's bill (A-3614) was initially heard by the Assembly Judiciary Committee on April 7, and the committee released it with unanimous, bipartisan approval. The Judiciary Committee approved several amendments to the bill , chief among them being a provision specifying that payments in lieu of property taxes from casinos will also go to city schools, as initially in...
The Gorgon gas project is a natural gas project in Western Australia, involving the development of the Greater Gorgon gas fields, subsea gas-gathering infrastructure, and a liquefied natural gas (LNG) plant on Barrow Island.[2][3] The project also includes a domestic gas component. It is currently under construction and once completed, will become Australia's fourth LNG export development.[4] Contents [hide] 1 Location 2 History 3 Gas fields 4 Developers 5 Scope 6 Benefits 7 Gas sales 7.1 LNG export agreements 7.2 Domestic gas 8 Criticisms 9 See also 10 References 11 External links [edit]Location 'Greater Gorgon' refers to a grouping of several gas fields, including Gorgon, Chandon, Geryon, Orthrus, Maenad, Eurytion, Urania, Chrysaor, Dionysus, Jansz/Io, and West Tryal Rocks, situated in...
A complete overview on Goods and Services Tax of India, Topics covered Present Taxation Vs GST, Input Tax Credit Adjustment, Registration, GSTN, Rate of GST, Returns and payments, GST is in replacement of Excise, Vat , Sales Tax, Service Tax and some other State and Central Taxes , This Class is prepared by Amarjeet Singh for City Commerce Academy. Recording Date 15.10.2016 , upcomming luctures GST accounting with Tally erp 9 accounting software
A complete overview on Goods and Services Tax (GST) of India, Topics covered Present Taxation Vs GST, Input Tax Credit Adjustment, Registration, GSTN, Rate of GST, Returns and payments, GST is in replacement of Excise, Vat , Sales Tax, Service Tax and some other State and Central Taxes. Goods and service tax (GST) will be applicable from 1st July 2017.
Goods And Services Tax (GST) Bill is Approved from both the houses & It is going to Roll out across INDIA From 1st July 2017. How GST can be used to make One Nation, One Tax is explained in this video in HINDI. The GST is a Value added Tax (VAT) is proposed to be a comprehensive indirect tax levy on manufacture, sale and consumption of goods as well as services at the national level. It will replace all indirect taxes levied on goods and services by the Indian Central and state governments. Queries Solved: 1) What is GST Bill in Hindi 2) How GST Will Work 3) Direct Tax vs Indirect Tax 4) Service Tax vs VAT (Value added Tax) vs GST (Goods And Services Tax) 5) Difference Between Current Tax Situation va GST 6) GST Price Rate Details in Hindi 7) Goods And Services Tax Registration Details 8)...
GST Bill: A to Z of Goods and Services Tax Explained HINDI Watch brilliant explanation of GST bill in Hindi. GST will be
Jayant Sir Ki GST Class: Know everything about Goods and Services Tax For latest breaking news, other top stories log on to: http://www.abplive.in & https://www.youtube.com/c/abpnews
Goods and Services Tax: Complete list of products and their GST rates
Goods and Service Tax (GST) will not fuel inflation in India unlike in other countries as India is moving from multiple taxes which had cascading effect to a single tax regime, Revenue Secretary Hasmukh Adhiya said Tuesday. Briefing media at a GST Conclave here, he said the final price of goods will be much lower under the GST regime as a large segment of small retailers will either be exempted from paying any tax or will have to pay at a very low rate. "It is wrong to say that GST will have inflationary impact as we are moving from a multiple tax regime to a single tax whereas the other countries of the world moved from single point tax to multiple tax regime which had a cascading impact,” Adhia said ahead of government’s plan to roll out the indirect tax regime from July one. He said ...
What is GST (Goods and Services Tax India) | Basics of GST Bill for Beginners #GSTbill In an historic decision, Rajya Sabha passes the GST Bill on Aug 3. This Bill has perhaps got the highest Press in recent times and is being considered as the biggest Reform since 1991 Financial Reforms. Already 140+ countries have GST globally. So, What is GST? How it is different from current tax structure? These are the questions we have explained in this video. Wikipedia definition says, "Goods and Services Tax" would be a comprehensive indirect tax on manufacture, sale and consumption of goods and services throughout India, to replace taxes levied by the Central and State governments. Find us on Social Media and stay connected: Facebook Page - https://www.facebook.com/yadnyaacademy Facebook Group...
In this video I am explaining Everything you need to know about GTS bill i.e goods & services tax bill in hindi ****************************************************** Word Power Made Easy Series : https://goo.gl/6siIR5 Coding- Decoding New Pattern: https://goo.gl/SnrS6M Economics Lectures: https://goo.gl/XUYM30 Reasoning for SBI PO: https://goo.gl/61e9mi Syllogism New Pattern: https://goo.gl/KvzfbJ English New Pattern : https://goo.gl/Ci290c Data Sufficiency: https://goo.gl/NSxIUa All Reasoning Ability Videos : https://goo.gl/o4BwxS All Quantitative Aptitude Videos: https://goo.gl/p8jorg Binary Coding : https://goo.gl/Y2NN5Z Coding Decoding : https://goo.gl/TfxEsy Spotting Error : https://goo.gl/Xdll51 Order and Ranking : https://goo.gl/yM9tYu Static Gk : https://goo.gl/uEIPSL Alphanumeri...
For latest breaking news, other top stories log on to: http://www.abplive.in & https://www.youtube.com/c/abpnews
Jamil Baig is an FCA and an advocate. He was our guest at LCCI to discuss the income tax and sales tax needs of a small business. In this video he explains are: 1. What documentation is required to start a new business. 2. How you can get national tax number and what it costs. 3. Why you don't need NTN for bank account. 4. How you can register yourself with sales tax department and what is its fee. 5. How sales tax on services and goods is treated by different authorities. 6. What is wealth statement. 7. What is association of persons and how it is registered. 8. What is a company and how a company is registered. 9. What are the pros and cons of a private limited company. Mr. Jamil Baig has kindly consented to provide free advice for up to 1 hour to our viewers in his office or on phone...
In the fourth segment of the Protecting Your Assets series, Judy Herrmann of 2goodthings.com, clarifies the intricate workings of Sales & Use tax for photographers including: + How Sales & Use Tax works in different states + What to do if you haven't been collecting Sales Tax + How Sales & Use Tax applies to tangible goods, services and electronic delivery + Handling Sales Tax with out of state clients + Handling Sales Tax with clients who plan to resell your work + Getting a Resale Tax Certificate and/or Manufacturer Exemption + Remitting state and local Sales & Use Taxes In less than 10 minutes, you’ll learn how different states handle Sales & Use Tax plus you’ll know how to get the right answers about how Sales & Use Tax works in your specific locale. Watch the video then go to 2goo...
ALOHA FOR JAPAN is supported by a Hawai`i coalition that includes the State of Hawai`i, led by the Office of the Lieutenant Governor; Hawai`i’s major banks; and a host of island businesses, community groups, public officials and individuals. We also have the wholehearted support of the Japanese Consulate-General, Honolulu. The group was formed a day after the Japan disaster at the behest of Hawai`i Governor Neil Abercrombie, who sought to organize a coordinated, statewide effort to collect donations for victims of the earthquake and tsunami. The Governor’s call came on the heels of an immediate outpouring of support from throughout Hawai`i expressing a desire to assist the victims and their families. The ALOHA FOR JAPAN campaign also drew inspiration from a team of talented, local design...
http://www.americanprogress.org/issues/domestic Who's to blame for the global financial crisis? A cynical conservative agenda that rewrote the rules for the rich. Today, working Americans feel less and less secure, and their prospects for economic mobility seem more and more remote. People are working longer hours than ever before, change jobs more frequently, and have more volatile incomes. Forty-seven million live without health insurance. Few are represented by a union. Many face tough competition from lower-wage workers abroad. The land of the American Dream now has less inter-generational income mobility than many other developed countries. Family incomes have risen on average within generations only because the incomes of women have risen as their participation in the workforce has ...
Bridging AZ is a furniture bank based in Mesa, Arizona but services the entire valley. Started by Jim Piscopo and his wife Donna in 2004, Bridging AZ Furniture Bank is a non-profit organization that provides families in need with the furniture and household items necessary to create a safe, comfortable and healthy home environment. Please make a tax deductible donation today and help Bridging AZ with it's mission of providing basic furniture and household goods to economically disadvantaged individuals and families living in our community. THANK YOU!!
"Hearts of Glass" tells the story of the critical first year of operation of Vertical Harvest (VH), a highly innovative, but risky, experiment in growing crops and providing meaningful employment to people with disabilities. VH is an “urban farm” on 1/10 of an acre at an elevation of 6,237 feet. The cutting-edge greenhouse is located in Jackson, Wyoming, a tourist destination with extreme seasonal fluctuations in weather, population and demand for goods and services. Six years in the making, at a cost of $3.8 million, VH is the brainchild of two women who asked “Is it possible to provide vegetables and fruits to our community year-round while also creating fair-paying jobs in an integrated setting for citizens with disabilities?” The project combines technologically advanced vertical hydr...
What is the state of the Irish market and purchasing in your region? The Irish market is a very uncertain one at present. It has gone from boom to very much bust in a matter of years. Unemployment has gone from relatively full employment to circa 14% unemployed (400,000+) in just over 3 years. On top of a global economic downturn which hurt a small open economy like Ireland the country also relied on continued tax returns from an over heated property sector, which has crashed. From being a net contributor to EU coffers, Ireland is now relying on IMF and EU bailouts. Taxation has increased and public sector spending is being slashed. Several banks have been privatised and there is little or no funds available for companies to borrow. During the boom years prices for both goods/services an...
Omniarchy The new civil society is a network that decides and elaborates. It is independent and doesn’t acknowledge hierarchy: it only accepts a higher moral authority. Every citizen feels like a King and joins the network to gain and give strength. He sees the network as salvation, like a sort of ark. Omniarchy means solidarity, brotherhood, communion, making decisions together in a network of peers: a horizontal government. Omniarchic republic based on men Omniarchy is based upon a constitutional model whose main focus is the mankind. Everything is centered upon men, every constitutional element is linked to the actions of men. The omniarchic republic will be based on men and it will have an automatic jurisdiction. Laws will be applied automatically and without recurring to burocra...
In this video press release, Assembly Speaker Vincent Prieto (D-Hudson) issues a statement following the Assembly Judiciary Committee’s unanimous, bipartisan approval of his sweeping new economic recovery legislation that would provide Atlantic City with stable annual payments in lieu of property taxes from casinos and create a special new planning committee with significant powers to reform city spending and operations. The speaker's bill (A-3614) was initially heard by the Assembly Judiciary Committee on April 7, and the committee released it with unanimous, bipartisan approval. The Judiciary Committee approved several amendments to the bill , chief among them being a provision specifying that payments in lieu of property taxes from casinos will also go to city schools, as initially in...
The Gorgon gas project is a natural gas project in Western Australia, involving the development of the Greater Gorgon gas fields, subsea gas-gathering infrastructure, and a liquefied natural gas (LNG) plant on Barrow Island.[2][3] The project also includes a domestic gas component. It is currently under construction and once completed, will become Australia's fourth LNG export development.[4] Contents [hide] 1 Location 2 History 3 Gas fields 4 Developers 5 Scope 6 Benefits 7 Gas sales 7.1 LNG export agreements 7.2 Domestic gas 8 Criticisms 9 See also 10 References 11 External links [edit]Location 'Greater Gorgon' refers to a grouping of several gas fields, including Gorgon, Chandon, Geryon, Orthrus, Maenad, Eurytion, Urania, Chrysaor, Dionysus, Jansz/Io, and West Tryal Rocks, situated in...
GST, Goods and Services Tax, LSTV, Parliament of India
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