Recent economic data suggest that government has its work cut out. Data for external sector, current account and trade deficits, signal that employment intensive sectors
Category: GST
Exporters in a spot as GST refunds delayed | Business Standard News–17.11.2017
“After paying the GST four months in a row and without receiving any refunds, small and medium enterprises are at a breaking point. There is
GST: No GST on advance taken by FMCG companies – The Economic Times–16.11.2017
NEW DELHI: In a big relief to all FMCG companies and others that take advance from dealers before they supply goods, no goods and services
GST impact: After Sept surge, ready-made garment exports drop 41% in Oct | Business Standard News–16.11.2017
After seeing an increase of around 25 per cent in exports last month, ready-made garment (RMG) exports fell by nearly 41 per cent in October.
Congress blames haphazard implementation of GST for trade deficit ballooning to 3-year high – The Financial Express–16.11.2017
The Congress has once again hit out at the Narendra Modi government over the GST, saying that its haphazard implementation led to the ballooning of
GSTN utility for exporters to claim refunds to go live tonight – The Financial Express–16.11.2017
Merchant exporters can start claiming tax refunds using the new utility that will be activated on the GST Network portal tonight, GSTN CEO Prakash Kumar
‘CGST, SGST payable if supplier and place of supply are in same state’ | Business Standard Column–16.11.2017 [ 24.10.2017 ]
I am a registered dealer of motor parts in the state of Bihar. A dealer from Kolkata had purchased motor parts and himself taken delivery
GST: Anti-Profiteering guidelines under GST likely by next month – The Economic Times–15.11.2017
Legal experts say a company’s net profits have to also be taken into account while calculating anti-profiteering. Days after tax rates of about 178 products
GST Council impact: If tax is simple, revenue loss of Rs 20,000 cr will be made up fast – The Financial Express–15.11.2017
To what extent the GST Council’s move to ease the tax burden on consumers will pressure the fisc remains to be seen. Nevertheless, given how
Bring real estate sector under GST with stamp duty, moderate rate: Assocham | Business Standard News–15.11.2017
If the real estate sector is brought within the ambit of GST, it should be along with the stamp duty and moderate rate, and should
I am raising issues because I am worried about party’s future, says Yashwant Sinha – The Hindu–15.11.2017
On GST, what do you make of all the changes announced recently and do you concur with the opposition’s demand that there should be no
Check post raj: GST Council must end the e-way bill nightmare – The Financial Express–14.11.2017
Abhishek A Rastogi Before the implementation of GST, check-post compliance was a peeve for businesses and logistic service providers. Vehicle detention plagued transport of goods,
‘Modysseus’ papering over India’s cracks | Business Standard Column–14.11.2017
A visitor to India would be bewildered. Political rhetoric from the government and the Opposition is harsh in tone and lacking in content. False, loud
GST-hit small units need more help | Business Line–14.11.2017
Changes in the composition scheme have helped. However, easier filing and simpler rules for job workers are called for In India, tax administrations have
Clearing the clutter | Business Line–14.11.2017
Now, GST is assuming a more acceptable form The latest GST Council meeting only appeared to have played to a pre-written script. Rates of tax
What are consequences of not filing GST returns within due dates? | Business Standard News–13.11.2017
I am a trader selling my products through an e-commerce portal, having an annual turnover of less than Rs 1 crore. Am I eligible to
Stamp duty, property tax may stay out of GST | Business Standard News–13.11.2017
Real estate may not fully come under the goods and services tax (GST) because the stamp duty and property tax can stay out of its
Better and simpler | Business Standard Editorials–13.11.2017
Ever since it was put in place in July, the goods and services tax (GST) has been receiving a barrage of criticism for its many
More of the GST rules thicket | Business Standard Column–13.11.2017
Two weeks earlier, I wrote that the notifications for refund of Goods and Services Tax (GST) on deemed export and payment of 0.1 per cent
GST: Surviving the anti-profiteering gaze | Business Standard News–13.11.2017
When the finance minister in a media interaction after the 23rd Goods and Services Tax (GST) Council meeting ticked off restaurant owners for not passing
