Logistics cost in India is in the range of 18-20 per cent. Currently a truck going from Delhi to Kolkata will take between 13-16 days.
Category: GST
GST: With less than fortnight under GST, here is how companies are already trying to game the system – The Economic Times–13.07.2017
A non-descript textile trading company registered in Mumbai with an annual turnover of Rs 1 crore or less has suddenly become active. The company has
GST: First collection numbers show GST off to a smooth start – The Economic Times–13.07.2017
The first set of numbers after the rollout of the goods and services tax should calm any jitters about its prospects. Integrated goods and services
GST: Selling old jewellery to attract 3 per cent GST: Hasmukh Adhia – The Economic Times
Selling old jewellery or bullion will attract 3% Goods and Services Tax on the value realised, revenue secretary Hasmukh Adhia has said. But if the
True measure of India’s tax reform will be its contribution to growth and competitiveness–Economic Times–13.07.2017
By Mark A Weinberger This week, I arrived in India at an exciting time for its economic future. Since entering office, Prime Minister Narendra Modi
GST impact on economy: Here is why it is crucial to be a little proactive to deal with challenges – The Financial Express–13.07.2017
With the advent of the goods and services tax from July 1, 2017, the nation’s long wait for a simplified tax regime to create one
GST: Present at the creation… and beyond | Business Standard Column–13.07.2017
A column in July 2017 has to be on the newly launched Goods and Services Tax (GST), indubitably the most significant and complex tax reform
GST impact on companies: Gloom and doom vanishes, India Inc at ease–Financial Express–12.07.2017
Grouses over the compliance burden that the new tax has imposed on small businesses are fast disappearing except for the cavils of those not wanting
GST launch should pave way for repo rate cut–Business Standard–12.07.2017
In the meeting held on June 7, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) decided not to cut the repo
GST impact on infrastructure: It will cut multiple taxes but will affect cost of construction–Financial Express–11.07.2017
The new tax reform will pose several challenges for the infrastructure sector such as treating of works contracts as service contracts, the imposition of new
GST impact: How Maharashtra, Tamil Nadu trying to vitiate spirit of new regime–Financial Express–11.07.2017
The government showed how GST invoices could be generated manually, a GST app was readied and a series of software providers like Tally advertised services
GST will reduce inflation by one to two per cent by year end, says Revenue Secretary Hasmukh Adhia–Business Standard–11.07.2017
The Goods and Services Tax (GST) will help bring down the inflation by one to two per cent by the end of this year, Revenue
Govt must keep GST transition steady and predictable | Business Standard Editorials–11.07.2017
It has been just over a week since the new goods and services tax (GST) regime was introduced. It has already shown its potential as
GST: What is the way out for a small manufacturer under new tax regime | Business Standard News–11.07.2017
One of our firms is exclusively engaged in merchanting trade/third-country exports. We source products from Taiwan and Thailand and supply it to customers in Africa,
GST: Making sense of the changes in the Legal Metrology rules | Business Standard Column–11.07.2017
Last week the Ministry of Consumer Affairs, Food and Public Distribution amended the Legal Metrology (Packaged Commodities) Rules, 2011. A look at the key changes
Demonetisation, GST: Will small traders lose their ardour for the BJP? | Business Standard News–11.07.2017
Steadfast supporters of the Bharatiya Janata Party, Small traders have been bitten twice by its government in quick succession. In November, demonetisation sent them scurrying
GST impact on real estate: Rental income beyond Rs 20 lakh to attract tax – The Financial Express–11.07.2017
ental income from residential property has been exempt from GST but any earning over Rs 20 lakh annually from renting or leasing for commercial purposes
State levies and new inspector raj may spoil GST party – The Economic Times–10.07.2017
Auto companies cut prices after the rollout of the goods and services tax (GST) on July 1, but Maharashtra raised the onetime registration levy for
Oilmin to Finmin: Allow input tax credit on five products – The Economic Times–10.07.2017
Oil ministry has urged finance ministry to put in place a temporary system to allow oil companies to claim input tax credit until crude oil,
Unfinished agenda of rolling out GST–Economic Times–10.07.2017
A major tax reform such as the goods and services tax (GST) is bound to have teething problems. This was fully anticipated and taxmen at
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