What impact would GST have on logistics sector? Back-of-the-envelope calculations say logistics costs would come down by at least 20%. Companies could do this with
Category: GST
Banks see credit growth for SMEs & self-employed after GST rollout–Economic Times–05.07.2017
With detailed information on taxes and businesses now available in an electronic format, bankers believe SME and self-employed portfolio may see faster credit expansion. These
Maharashtra, Tamil Nadu raise taxes outside GST, Centre says they can–Business Standard–05.07.2017
Two state governments, Maharashtra and Tamil Nadu, have started imposing taxes outside the national goods and services tax (GST), something the Centre says they can
Keeping close watch on price, supply of goods after GST roll-out: Adhia–Business Standard–05.07.2017
As many as 175 officers of the ranks of joint secretary and additional secretary have been given the charge of four-to-five districts each to oversee
GST rollout: 3,500 helpdesks, 8,000 tax consultants emerge in 5 days–Business Standard–05.07.2017
According to various industry bodies, more than 3,500 GST helpdesks, 8,000 tax consultants, 100 helplines have all come up in the last five days. Help
What GST means for BJP–Business Standard–05.07.2017
A lot has been written about the transformational impact the roll-out of the goods and services tax (GST) will have on the Indian economy. In
GST regime: Truckers caught in twists and turns–Business Standard–05.07.2017
Not all is well with the un-organised transportation segment, mainly truck owners, post implementation of the Goods and Services Tax (GST). Three days into the
GST impact: India launched good reform in complex manner, says Economist Guy Sorman–Financial Express–05.07.2017
The new regime taxes various goods and services at 5, 12, 18 and 28 per cent, while keeping essential commodities out. India has introduced a
GST impact on prices: Centre cracks whip, says firms must first advertise hike in rates in at least 2 newspapers–Financial Express–05.07.2017
Vigilant that businesses don’t hike prices using the goods and services tax (GST) as an excuse, the government on Tuesday said firms must advertise such
ARN not mandatory for doing biz, GSTIN sufficient: GSTN Chairman Navin Kumar
Application Reference Number (ARN) should not be considered mandatory by businesses for buying goods from vendors, GST Network said today. Application Reference Number (ARN) is
Reflect price revision post GST via stickers till September 30: Government–Financial Express–05.07.2017
The clarification from the government came as several businesses were left with huge unsold inventories before the GST kicked in from July 1. Clearing the
Your GST checklist–Business Line–05.07.2017
Responsibilities of a GST-registered firm GST is a procedure-driven system where timely and accurate compliances are necessary. We list important actions you should keep in
GST–Selling online–Business Line–05.07.2017
Booming business Online shopping has become a way of life for over 50 million Indians, a number that is expected to scale to 175 million
GST regime: E-commerce firms want clarity on e-way bill for return cargo, ask vendors to become compliant–Business Line–05.07.2017
No process is defined for handling return cargo in e-commerce for the e-way bills under GST Future Supply Chain considers linking payment to compliance Staring
Govt warns retailers against profiteering on GST transition–Business Lines–05.07.2017
Firms get time till Sept 30 to fix stickers with post-GST price Niggling problems in the transition to the Goods & Services Tax regime continued
GST software for SMEs–Business Line–05.07.2017
Online business services platform IndiaFilings launched cloud-based Good and Services Tax accounting software LEDGERS for small and medium enterprises. The platform offers end-to-end solution that
With Octroi gone, no pit-stops, and ‘an end to a million worries’–Business Line–04.07.2017
Mumbai had five Octroi check posts – Vashi, Dahisar, Mulund, Thane and Airoli – which collected about ₹7,600 crore in the year ended March 31,
GST implementation: Here is why we should celebrate with caution–Business Line–04.07.2017
Taxes and death are inevitable, but the attempt always is to make them less painful. It was Lord Keynes who stated, “… Ultimately, it is
GST implementation: Dawn of a new era; government should ask for only GSTN level data–Financial Express–04.07.2017
Rahul Renavikar The concessions and the structural adjustments made all along the path certainly has made the Indian GST less efficient. The biggest adjustment was to
GST impact on taxes: Short term disruption will hit indirect taxes but demonetisation will boost collections–Financial Express–04.07.2017
With better compliance resulting from a large number of businesses moving into the formal economy, tax revenues in the post-GST regime will get a boost—the