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
Category: GST
GST–T N Ninan: Celebrating, with fingers crossed!–Business Standard–24.06.2017
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.
Cloth merchants plan three-day nationwide strike against GST–23.06.2017
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
India’s GST: Is it a modified Value Added Tax? – The Economic Times–24.06.2017
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
GST to make exports more competitive: Commerce Secy – The Economic Times–24.06.2017
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,
Why consumers should welcome GST–Business Line–23.06.2017
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
GST–Pushing ahead–Business Line 23.06.2017
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
Video–All you need to know about GST–Business Line–23.06.2017
via Video: All you need to know about GST | Business Line
GST to broaden tax base and will lower overall tax burden over time: Patel–Business Standard–23.06.2017
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
Q&A: Bharat Goenka, Managing Director, Tally Solutions’Everyone’s working hard but the GST deadline is too cramped…it’s a huge risk’–23.06.2017
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
Leniency in GST laws for genuine mistakes initially: Adhia–Business Standard–23.06.2017
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
Government to set up 2 call centres from Sunday for all your GST queries–Economic Times–23.06.2017
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.
Not everyone will be GST-ready on Day 1 but process has begun–Economic Times–23.06.2017
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
FMCG companies may not make higher profits on lower GST rates–23.06.2017
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 firms selling cars, electronics will be GST-ready only by mid-July
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
We are consultants to foreign firms — will our work be considered export of service?–Business Line–22.06.2017
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
Retailers will file single GST return every month: Hasmukh Adhia–Business Standard–22.06.2017
Days before the rollout of the landmark GST, the government on Wednesday sought to dispel the notion that the new tax regime will be cumbersome
10 days ahead of GST launch, India Inc frets over anti-profiteering rules–Business Standard–22.06.2017
With barely 10 days remaining for the launch of the national goods and services tax (GST), corporate India says it is still not sure how
Petroleum products may come under GST in future: Pradhan–Business Standard–22.06.2017
Union Minister for Petroleum and Natural Gas Dharmendra Pradhan is hopeful that petroleum products will be brought under the purview of the Goods and Services
Here’s why GST could fester into a messy swamp – The Economic Times–22.06.2017
By Anjana Menon Next month, the government will roll out its biggest tax reform aimed at bringing more people into the tax net, treating the
