Category: GST

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

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

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

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

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

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

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

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

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

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

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

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

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,

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

Much to the government’s relief, the first few days after the roll-out of the goods and services tax (GST) have seen very little disruption in

Small shopkeepers Steadfast supporters of the Bharatiya Janata Party, Small traders have been bitten twice by its government in quick succession. In November, demonetisation sent

The goods and services tax (GST) roll-out has gone reasonably smoothly in the first week and the market is optimistic that the initial confusion will