Since the GST law is at a nascent stage, varied interpretations by trading partners were expected. Amidst the commotion on account of implementation of
Category: GST
Widening of direct tax base | Business Standard Column–20.07.2017
Implementation of the goods and services tax (GST) from July 1, 2017, is a huge step forward in uniform nation-wide collection of indirect taxes. Prime
Exporters continue to face the heat as shipments pile up | Business Line–20.07.2017
Three weeks after the implementation of the Goods and Services Tax (GST) regime, exporters are still struggling to get their consignments shipped as customs officials
Taxpayer base likely to reach 90 lakh, says GSTN Chairman | Business Line–20.07.2017
The taxpayer base seems to have expanded significantly under the Goods and Services Tax (GST) and the GST Network expects the total registrations for the
‘India’s economy set to reclaim top spot for growth this year’ | Business Line–20.07.2017
Having been in the offing for close to two decades, the goods and services tax (GST), which the government touts as the biggest domestic tax
GST impact on cigarettes: ITC stock falls most in 25 years, market cap plunges by Rs 50,000 cr – The Financial Express–19.07.2017
The government is expected to earn about Rs 5,000-crore additional revenue through the increased cess.(Reuters) The share price of ITC on Tuesday fell the most
GST impact on employees: How employer, staff relationship has got complicated – The Financial Express–19.07.2017
GST law clearly states that GST would be payable if there is a supply of free goods or services to an employee exceeding the sum
GST impact: New tax regime to be positive for auto, retail; negative for SMEs, says Fitch Ratings – The Financial Express–19.07.2017
New indirect tax regime GST is likely to be beneficial for auto, cement and organised retail sectors, but will have a negative impact on oil
A step-by-step guide for obtaining your GSTIN | Business Standard News–19.07.2017
Illustration: Binay Sinha Under the VAT and Service Tax regime, TIN number and Service Tax Registration Number were issued by the state and the Centre.
GST move has tobacco shares huffing & puffing | Business Line–19.07.2017
ITC sees biggest one-day fall in 25 years; market cap dips over ₹50,000 crore Even as India’s home-grown tobacco major ITC witnessed its biggest crash
GST: New tax system brings pain, paperwork to India’s online sellers–Economic Times–19.07.2017
By Saritha Rai India’s new tax regime is causing widespread headaches for small merchants and the e-commerce companies they work with. The Goods and Services
GST: Market has not fully discounted GST impact as yet: Taher Badshah, Invesco MF–Economic Times–19.07.2017
“We are still in the hunt for better earnings in 2017-18”: Taher Badshah CIO (Equities), Invesco Mutual Fund While we are still in a bull
GST: Wind of change, but some grey clouds linger–Economic Times–19.07.2017
By Abhishek Jain and Sonam Bhandari On July 1, at the stroke of the midnight hour, India woke to see its new tryst with destiny
GST: How to safeguard your financial data on the Internet–18.07.2017
Pimprikar adds that GSPs and ASPs which are credible will obviously build in adequate security measures. One of the unique features of the Goods and
GST impact on economy: Jefferies says introduction of new tax regime is a partial success – The Financial Express–18.07.2017
GST’s coverage of taxes to be subsumed is only 54%. Measured against its stated objectives, the introduction of GST is a partial success. It succeeds
GST reverse charge: Debate heats up over its effectiveness – The Financial Express–18.07.2017
At a broad level, the onus of charging, collecting and depositing GST on all supplies of goods and services lies with the supplier. The reverse
A sequencing issue | Business Standard Editorials–18.07.2017
It is too soon to determine the overall effect of the goods and services tax, or GST. Certainly, the roll-out, while expectedly disruptive, has not
GST Impact: MSMEs learn to deal with reverse charge mechanism the hard way | Business Standard News–17.07.2017
The new indirect tax regime is having the effect akin to setting a cat among pigeons for thousands of micro and small businesses across the
GST has a good start but communication infrastructure must work all the time–17.07.2017
The ongoing transition of the country’s indirect taxes, other than Customs, to a goods and services tax has so far been relatively smooth, not dismissing
GST impact on companies: What it will take for companies to reap gains – The Financial Express–17.07.2017
The Goods and Services Tax (GST), a radical step towards the country’s transformation into a common market, became a reality at the stroke of midnight