Page 78 - Gst

GSTN helpdesk gets 10,000 calls/day; to double manpower to 400

The GSTN expects more businesses and traders to register or migrate to the GSTN platform

Free prasad, langar: No GST on food supplied by religious bodies, says govt

However, some of the inputs and input services required for making prasadam would be subject to GST

GST launch should pave way for repo rate cut

RBI could wait for CPI inflation to settle and then reduce the repo rates

Thermal power rates to stay under stress

Despite the lowest slab of GST on coal, thermal power would be costlier in the days ahead

Investing in gold bonds makes more sense in GST era

Sales of physical gold now attract 3% GST, while there is no cost or tax attached to sovereign gold

Low-cost garments to become cheaper by 2-3% on low GST levy

The maximum retail price (MRP) on garments is likely to decline by 2-3 per cent with the roll out of new arrivals expected in a month due to lower tax levy under the Goods and Services Tax (GST) than prevailing previously.The GST council in its meeting held last month fixed tax rate at 5 per cent and 12 per cent on readymade garments worth upto and above Rs 1000 price slabs respectively against the existing uniform central levy of 7 per cent. But, the tax rate works out to 18 per cent and 28 per cent on some machinery products in the value chain under the GST against their prevailing rates of upto 25 per cent and upto 35 per cent respectively."The textile industry, therefore, is going to benefit certainly under the GST regime through lower levies on various products in the garments value chain," said Kavita Gupta, Textile Commissioner, Ministry of Textiles, Government of India, on the sidelines of 65th National Garment Fair organized by the apex industry body the Clothing ...

Opposition to raise GST impact in monsoon session

Session starts on July 17. Opposition parties, all 18 of them, will finalise their strategy

FY18 earnings to decide trajectory of equities

India has underperformed other emerging markets and is still among the 5 most expensive in the Asia

Govt must keep GST transition steady and predictable

The GST's advantages are already becoming apparent

GST: Tax incidence on sanitary napkins lowered to 12%, says FinMin

In pre-GST, total tax incidence on sanitary napkins was 13.68% after considering cesses: FinMin

Demand to scrap GST on textiles escalates as strike enters 5th day

The traders claimed they had incurred a loss of Rs 150 crore due to the stir

Pre-GST knock likely for corporate earnings in Q1

Net profit growth of Nifty companies likely to be lowest in nine quarters

GST's Rs 20-lakh threshold exemption means little

Big firms asking vendors to register even if exempted, to shift compliance burden

A week of GST: Bumpy ride due to late info overload

It was not a good first week, says Anita Rastogi, partner, indirect tax and GST, PwC India

GST: Making sense of the changes in the Legal Metrology rules

Manufacturers/packers/ importers of pre-packaged commodity allowed to change retail sale price

GST impact: Shoppers Stop breaks down silos

Fashion retailer uses technology to adopt unified inventory management systems across warehouses

GST: Storm clouds and some bright spots

Uncertainty over the initial impact - Some sectors are happy, others worried about lack of offsets

A GST that could get better with time

Imperfections in the GST structure and relaxations in procedures ensured a disruption-free roll-out

GST: What is the way out for a small manufacturer under new tax regime

Inter-state supply of goods: GST registration required in the state from where you supply such goods

No GST on imported aircraft, engines and parts taken on lease

The aviation industry had been asking for relief as it was facing a dual levy