What is Goods and Services Tax? Is it better for us or worse? Why do they say it’s ‘one nation one tax’, when there are
There is no clarity on revision of TRAN 1 and there would be interest implications in case of excess credit claim hence, most taxpayers would
A top conglomerate may have to shell out a bit extra in advance tax this quarter due to an unusual glitch in the tax returns
Compliance in the GST regime involves filing a bewildering array of forms with unique alphanumeric identities. As the date for filing the first return in
The slowdown in exports may mark the beginning of trouble ahead, said exporters a month and half after the goods and services tax (GST) rollout.
LPG, kerosene, jewellery and currency are among the common use items that have been exempted from the requirement of obtaining electronic permits for transportation under
The Government adopted unconventional methods to educate stakeholders and ensure a smooth rollout of GST. These included the week-long ‘masterclasses’ held by Revenue Secretary Hasmukh
The Madhya Pradesh government here today made it clear that petroleum products will not be brought under the ambit of Goods and Services Tax (GST).
New real estate launches could come down by 10-30 per cent on a yearly basis in key residential markets such as Mumbai, Gurugram and Bengaluru
There is no denying that the goods and services tax (GST) has had a major positive impact on the infrastructure sector. The complexities associated with
A Mumbai-based proprietorship concern that supplies sundry office stationery items, including on-call customised products for big companies, had never paid tax until two months ago.
Chief Economic Advisor Arvind Subramanian batted for a higher goods and services tax (GST) rate for gold and jewellery in the Survey, arguing these were
Frequent changes to GST rates disrupt industry and hamper a smooth transition Unlike most other industries, automakers were an ecstatic lot last month when the
India’s biggest job-creators – the small and medium enterprises (SMEs) — are still struggling to cope with the changes brought about by the country’s biggest
“Given the unfavourable base effect and inventory trimming prior to the onset of the GST, we expect a 1 per cent contraction in the Index
The goods and services tax (GST) has some anomalies in its present form. In many cases, inputs are taxed at higher rates than final products,
Veteran industrialist Adi Godrej today said the Goods and Services Tax (GST) will lead to considerable increase in the GDP in the next six months.
Q. What would be the effect of GST on FMCG sector? A.Overall impact of GST on FMCG sector is positive due to elimination of cascading
Former RBI Deputy Governor Rakesh Mohan on Wednesday said the GST rollout was a colossal task achieved after over a decade but the multiplicity of
The GST Shiksha hub will aim to provide relevant information on GST to all MSMEs on a real-time basis and help them to be updated