Page 75 - Gst

Cost increases, GST dent Havells profitability

Promotional and staff expenses surge; lower off-take hurts sales in Q1

GST: Legal services to be taxed via reverse charge mechanism, says Delhi HC

The Delhi High Court has clarified that all legal services provided by advocates and law firms are to be governed by the reverse charge mechanism under GST till further orders by the court. The bench of Justices S Muralidhar and Pratibha M Singh passed the directions on a petition by J K Mittal, owner of J K Mittal and Company, a law firm providing a variety of legal services and representing clients in various courts and tribunals across the country. Mittal had approached the court highlighting concerns over notifications made by the Central government and the Government of the National Capital Territory of Delhi (GNCTD) in June 2017, which he claimed were in violation of the Central Goods and Services Tax (CGST) Act and the Delhi Goods and Services Tax (DGST) Act and Article 276A of the Constitution. The petitioner said that the June notifications had only allowed GST on reverse charge for representational legal services and not other such services, which was contrary to the 14th ...

GST impact: Trucks save 8 hrs on Chennai-Delhi run

Truck owners, logistics providers said not only had the tax saved time, it had also reduced costs

Will reply via votes: Surat's textile sector to FM

On Tuesday, Jaitley ruled out zero GST rates on fabrics. It is currently 5%

GST: No rate cuts but will look into other sectoral demands, says CBEC

Central Board of Excise and Customs (CBEC) chairperson Vanaja Sarna said concern over the new goods and services tax (GST) raised by the textiles and entertainment sectors were being looked into and will get settled with time.However, the already fixed rates would not be revised, unless there were anomalies or genuine mistakes in fixing these. On Tuesday, finance minister Arun Jaitley had also ruled out any revising of GST rates for the textiles sector. "Unless there is something not fully justified...unless there is an anomaly, I don't think there is a reason to look at any rates at the moment," Sarna said on Wednesday. Speaking at a Confederation of Indian Industry event, she added the revenue authorities would go slow in enforcement action under GST for the first six months -- they want businesses to settle into the new tax regime. "I would not want anyone to take a hard stand, as there will be genuine mistakes due to lack of understanding," she said. GST was rolled out on July 1 ..

GST: Revenue from imports up 11% at Rs Rs 12,673 cr in 15 days, says CBEC

The total revenue figure from July 1-15 includes BCD, IGST, compensation cess

Haryana govt departments to start GST registration from July 25: Official

State govt to depute Administrative Secretaries on duty to review the GST implementation

India to reclaim top economy spot in 2017 propelled by GST: Reuters poll

Indian economy to reclaim top spot in 2017, thanks to GST: Reuters poll

GST win-win deal for all, will end 'inspector raj: Arun Jaitley

The GST was in the interest of people and states, says Arun Jaitley

GST impact: Truck drivers enjoy the free run

The checkpoint now has barely any truck waiting for clearance

GST impact: A breakdown, some rain and many dhabas

There's no answer yet on how the GST can change truck drivers' lives

GST cuts down trucks' travel time: Illegal traffic is off highways

BS reporters travel on trucks on two key routes from Delhi to find changes on the ground

GST: The midnight tryst with tax and trademarks

Tagging branded products with a levy while keeping non-registered brands out could be discriminatory

Ensure all traders migrate to GST regime by July end: Telangana CM

Instructed officials to organise statewide conferences to educate people on positive aspects of GST

5-star hotels with tariff under Rs 7,500 to attract 18% GST

Star rating of hotels is, therefore, irrelevant for determining the applicable rate of GST: Ministry

Consumers hailed GST, but there's need for more awareness: Jitendra Singh

Singh's remarks came after a meeting with National President of ICAI

GST to benefit auto, retail, cement sectors, bad for oil and gas: Fitch

In contrast, GST impact would be neutral for property, electricity, telecom and pharmaceutical

GST impact: Council increases cess on cigarettes

500,000 new assessees join GST Network, taking total registrations to 7.5 million

GST: Modi govt raises tax on cigarettes

The higher rate will be effective from July 18, Jaitley told reporters in New Delhi on Monday.

GST, lack of govt support prompt exodus of Tamil Nadu's textile firms

The industry feels tax rate of 5-18% would hurt its ability to stay competitive in global market