Category: GST

Analysing the central feature of GST Input tax credit (ITC) is one of the core concepts of the GST framework. ITC is the credit of

Veteran industrialist believes the new tax will catapult India into a higher GDP growth trajectory, curb black money GST means different things to different people.

From July 1, cement bags will be taxed at the highest rate of 28 per cent. However, effective taxes currently are already at about the

White goods, including refrigerators, air-conditioners and washing machines, will be taxed at 28 per cent under GST. Currently, the rate is about 27 per cent

With less than a fortnight to go for the roll out of goods and services tax (GST) bill, there have been conflicting views on the

Malaysia, often cited as among the more recent of the 140 countries that have introduced a GST, did not have an easy time of it.

Thousands of cloth merchants across Ahmedabad, Surat and Jaipur have decided to shut shop between June 27 and 29, in a mpve likely to bring

By Archit Gupta Under the Indirect taxes structure in India, indirect taxes like VAT, Excise, Service Tax, Entry Tax etc. are levied on consumption whereas

Implementation of Goods and Services Tax (GST) from July 1 would help reduce cascading effects of multiple taxes, lower cost and make exports more competitive,

GST simplifies life for consumers by making taxes more transparent and eliminating double taxation As the July 1 deadline for the rollout of the Goods

On the midnight of June 30, Prime Minister Narendra Modi will announce the historic shift to an altogether new tax regime, GST. The Centre has

via Video: All you need to know about GST | Business Line

Reserve Bank governor Urjit Patel on Thursday said the soon-to-be implemented goods and services tax (GST) will not only create a national market but will

Bharat Goenka, managing director, Tally Solutions It takes eight to nine months for developing a robust software from the time the rules are decided, warns

With the countdown to GST rollout underway, government on Thursday promised leniency in enforcing penal laws for violations during the initial period of implementation of

GST Network (GSTN), the company providing IT backbone for GST, will launch two call centres on Sunday to handle queries from taxpayers and tax officials.

By Bipin Sapra At the stroke of midnight on June 30, India is set to celebrate the introduction of GST as the biggest indirect tax

Lower rates of GST may not necessarily mean higher profits for Indian consumer firms, while the converse is equally true for those selling in limited

  Consumer-facing companies selling groceries, medicines, cars and electronics could be ready for the new goods and services tax regime only by mid-July as a

Question We provide consultancy services on market conditions, raw material prices, vendor identification, etc to foreign customers. We receive commission in foreign exchange, which is