Rajan Bhatia The tourism industry contributes nearly $136 billion to India’s GDP and is expected to further grow to $280.5 billion by 2026. Hospitality and
Category: GST
GST council approves rules for e-way bills, relief for garment industry – The Financial Express–07.08.2017
The Goods and Services Tax (GST) Council on Saturday approved the rules related to e-way bills, which are meant to track movement of goods, and
GST glitches only to be expected–07.08.2017
Kota stone, for example, attracts the lowest 5% GST, compared to marble that attracts the highest rate. But kota stone makers want clarity on the
GST Rates: GST council gives nod to e-way bill, anti-profiteering body
In a slew of decisions, the Goods and Services Tax Council–[ as under ] approved implementation the electronic way bill system across the country, created
Asked to pay VAT while dining out? Understanding restaurant bills post GST | Business Standard–05.08.2017
The Goods and Services Tax (GST) is touted as an unparalleled tax reform impacting sectors across the economic spectrum and bringing in immense benefits to
GST: GSTN names 69 companies in second shortlist of GSPs–05.08.2017
The GST Network, the nodal agency in charge of the technological infrastructure for the new goods and services tax regime, has shortlisted 69 more companies
India long way off from ideal GST structure, says economist Bibek Debroy | Business Standard–05.08.2017
India is a long way off from the ideal GST structure and it may not get there anytime in the near future, says NITI Aayog
Dealers advised to use offline programme for preparing GSTR-1 returns | Business Line–05.08.2017
The Kerala Goods and Services Tax (GST) Department has said an offline programme is now ready where dealers can prepare their GSTR-1 returns. This is
Punjab to seek GST exemption for unorganised work sector – The Financial Express–04.08.2017
Manpreet has been meeting representatives of several industry verticals, including sports goods and textile, to know about their grievances regarding GST (PTI) Punjab will seek
Chocolate mithais to attract 5% GST, Centre clarifies | Business Standard–04.08.2017
Sandesh, with or without chocolate, will be taxed at 5 per cent, the government clarified on Thursday along with the goods and services tax (GST)
Businesses can file July returns on GSTN from Aug 5 | Business Standard–04.08.2017
The first tax returns under the new Goods and Services Tax (GST) regime can be filed from Saturday and the facility will remain open till
GST: Arun Jaitley indicates scope for rationalisation of rates under GST–Economic Times–03.08.2017
Finance minister Arun Jaitley on Wednesday said there is scope to rationalise goods and services tax (GST) and rolling 12 per cent and 18 per
GST: IGST to be levied only when goods are brought for customs clearance–Economic Times–03.08.2017
The integrated goods and services tax (IGST) would not be levied on sale of goods on high seas but would be charged when they are
GST impact on jobs: Here is how it will affect careers in loan industry – The Financial Express–03.08.2017
Amit Mittal The credit and lending industry, otherwise called the loan industry, has seen substantial growth in the past decade. Increased consumer spending and confidence,
GST: Taking tax compliance for a ride – The Financial Express–03.08.2017
As per the definition under the GST law, conveyance includes a vessel, an aircraft and a vehicle. Tax Research unit (TRU), specialised arm of CBEC,
GST impact: This festive season get discount but no gift voucher, freebie | Business Standard–03.08.2017
Normally, fashion retailers give gift vouchers or freebies during the festive season Call it the goods and services tax (GST) effect. The coming festive season
GST: Missing column in GSTR 3B form leaves input claims a shaky edifice–Economic Times–02.08.2017
Companies have to file form GSTR 3B, a summarised return, for July by August 20. That for August has to be filed by September 20.
GST, weak demand pulls manufacturing output down: PMI – The Financial Express–02.08.2017
An index reading of above 50 indicates an overall increase in economic activity, and below 50 an overall decrease. (Reuters) India’s manufacturing sector’s output declined
GST: IGST collection from imports rises about 60% in just one month of GST–01.08.2017
The collection of Integrated Goods and Services Tax from imports crossed Rs 20,000 crore in July — the first month of the roll out of
Godrej Consumer Products: Demand and recovery to strengthen in second quarter: Godrej Consumer Products–Economic Times–01.08.2017
Godrej Consumer ProductsBSE -2.02 % said it has seen a reasonable recovery and pick up in demand in the immediate transition period in July, a
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