In a major development, PM Narendra Modi led Central government has notified the post-GST rates to boost exports and employment generation in the labour intensive
Category: GST
T N Ninan: A bone in the throat | Business Standard Column–25.11.2017
The more one understands how the goods and services tax (GST) has been working, the more the question poses itself: Is this a bone that
The other side of GST story: How removal of ITC is affecting restaurants – The Financial Express–24.11.2017
It was decided that the customers will have to pay a uniform GST rate of 5 per cent on restaurant bills. During the 23rd GST
Govt doesn’t buy restaurants’ input tax credit alibi | Business Standard News–24.11.2017
With most restaurants increasing prices despite a cut in goods and services tax (GST), the government’s calculation reveals that prices would come down despite discontinuation
GST: Realtors want GST for sector be lowered to 6 per cent – The Economic Times–23.11.2017
The National Real Estate Development Council (Naredco) has urged the government to halve the goods and services tax (GST) rate for the real estate sector
Buying daily use products on same price after GST rate cut; soon, file a complaint – The Financial Express–23.11.2017
The government once again reminded that the benefit of reduction in the GST rate has to be passed on by the suppliers to the consumers.
Keep it simple | Business Standard Editorials–23.11.2017
Over the past few days, the GST Council has taken several decisions that are expected to make life simpler for a large number of companies,
Revival is on the horizon, with Indian public docilely adjusting to the twin shocks of demonetisation and GST–23.11.2017
The most charitable way to describe the recent shock of demonetisation, followed by a rushed implementation of GST, is to discount it as creative chaos.
GST–Hand those cut benefits down–Economic Times–23.11.2017
By Pratik Jain Slashing the goods and services tax (GST) rate earlier this month from 28% to 18% on 178 items, ranging from sanitary fittings
GST: GSTN chairman-led panel to consult experts to make return filing easier – The Economic Times–22.11.2017
The committee tasked with simplification of GST returns filing will consult tax experts and trade bodies to make the process convenient for businesses that have
Cloud providing SMEs with cutting edge technology to level field with big companies: IBM – The Economic Times–22.11.2017
With GST making it almost imperative for SMBs to digitise, IBM is eager to pull them on a cloud bearing their logo. An annual growth
GST Tax Slab: 12% & 18% GST slabs may be merged, 28% for demerit goods: Arvind Subramanian – The Economic Times–22.11.2017
The government may combine the 12 per cent and 18 per cent slabs for goods and services tax (GST) into one in the near future
Govt plans GST sops for digital payments | Business Standard News–22.11.2017
The Centre has proposed a two percentage point discount in the goods and services tax (GST) for consumers who make digital payments. The proposal is
56% assessees file GST returns for October | Business Standard News–22.11.2017
As many as 4.37 million assessees have filed summary returns for the goods and services tax (GST) by the deadline on Monday. This constitutes around
Petrol under GST: Decision after weighing revenue impact, says MP minister Business Standard News–22.11.2017
The Madhya Pradesh Government on Tuesday said it would decide on bringing petroleum products under the Goods and Services Tax after considering its impact on
GST impact: What will happen if taxpayers are not heard on time – The Financial Express–22.11.2017
The goods and services tax (GST) is a major indirect tax transformation and a complete overhaul of the way transactions are to be taxed. The
GST woes compounded: Anti-profiteering authority shows lack of trust in markets – The Financial Express–21.11.2017
Though the government believes the national anti-profiteering authority (NAA) is critical to ensure producers pass on the benefits of GST cuts to customers—its press release
A fine balance — On the National Anti-profiteering Authority – The Hindu–21.11.2017
Over four months into the troubled implementation of the goods and services tax, the Centre has operationalised a provision in the GST law that has
Raghuram Rajan’s note against demonetisation should be made public: Montek | Business Standard News–20.11.2017
On demonetisation The finance minister is obviously keen to present the most positive picture he can think of. It’s probably been the most discussed initiative
GST rules changed on refund claims | Business Standard Column–20.11.2017
The finance ministry has decided that applications/documents/forms pertaining to refund claims on account of certain zero-rated supplies shall be filed and processed manually till further