Page 57 - Gst

Employee contracts: Technology companies get notices for GST payment

The grey area over taxability in such cases continue in the GST regime as in the service tax regime

Govt notices to firms for 'wrongly' claiming transitional credit under GST

BR Agro, Star Ind, Ritz Polymers, Gravita Metals, Chenab Textiles and Bharat Udyog have received notices

GST still work in progress

With all the untiring efforts of officials in the finance ministry and GST Network, the complaints are reducing; however, it is too early to say the new tax regime has stabilised

GST mop-up will touch Rs 1 trillion a month in FY19, says Hasmukh Adhia

Refunds have improved substantially now, 90 per cent of claims have already been approved or rejected

GST provisions on TDS/TCS, reverse charge mechanism deferred till September

GST has been rolled out from July 1, 2017, and transformed India into a 'one nation, one tax'

Natural gas, jet fuel easier candidates for inclusion in GST: Hasmukh Adhia

As and when there is a discussion on these items in the GST Council, the Council will take a call on it," Adhia said

GST in smooth phase, simple return-filing key agenda for 2nd year: Adhia

On one year of the new tax regime, Finance Secretary Hasmukh Adhia listed out the benefits of the new tax regime

GST impact: Implementation blues take a toll on Tirupur businesses

Refund delays, withdrawal of incentive schemes make Made-in-Tirupur products costlier by 10-15 per cent, say entrepreneurs

GST impact: Going gets rough for Surat's diamond, textile traders

The impact of GST is particularly stark in the highly fragmented synthetic textile industry, which attracts different GST rates at different stages of production and sale

GST fails its biggest promise - formalisation of economy: HSBC report

The report, however, noted that over the long-term, GST will lead to more formalisation of the economy

GST to usher in over 100% growth in warehousing sector by 2021: Report

Implementation of GST has had a positive effect on warehousing activities in India due to diminishing state boundaries, says a JLL report

India sees 20% rise in $ millionaires and their wealth, despite GST impact

"India was the fastest-growing market globally," the report by French tech firm Capgemini said.

AAR ruling fuels fears of double GST on goods imported on CIF basis

The AAR, Uttarakhand, has ruled that the importer will have to pay the integrated GST (IGST) on CIF value and also on the ocean freight component.

Exporters waiting for Rs 250-bn refunds stuck in GSTN lacuna: Amit Mitra

He said an average of only 35-40% of these applications have come to states for manual verification

Anti-profiteering body in talks with FMCG firms over GST rate cut benefits

The industry is, however, concerned over the lack of clear profiteering guidelines

Authority's orders favour firms for anti-profiteering in times of GST

The NAA is currently looking into 50 complaints and will issue the orders in the coming weeks

It's time for GST rate cuts

The opportunity arising out of high GST collections should not be squandered

AAR ruling: GST will apply to goods carried by foreign-bound ships

Earlier, the AAR had ruled GST would be charged on goods sold at duty-free shops on the basis of inter-state provisions only

Proposal to have natural gas & ATF under GST gets mixed reaction

Some states have strongly opposed inclusion of petrol and diesel under GST even as global oil prices have skyrocketed adding to the burden on consumers

Govt unable to crack GST e-wallet code as export refunds remain unpaid

Traders had supported the e-wallet mechanism to battle the crippling liquidity crunch that had set in after GST was imposed