Growing story of GST in India - Few points.

01.   Multiple rate going to be exist

02.   Dispute going to be raise much for input ta credit.

03.   Multiple state registration

04.   FOC Supply (Free of Cost) is taxable 

05.   TDS & TCS applicability on E Commerce

06.   Employee Recovery   is most  debatable.

07.   Anti –profiting going to be stay.

08.   No clarity on Columbia – Asia cross charge

09.     New Litigations  

(i)                  Use of brand name by associate companies.

(ii)                Liquidated damage.  Further no input 

(iii)               Verification of Trans-1.  No input credit of CESS.    Already challenged in High Court.

10.    Follow the ISD mechanism while doing cross charge.