The producers' council also opposed to the 30 per cent entertainment tax
Ability to handle the changes that GST entails would depend on the size and nature of a business
Analysts fear markets could correct due to initial hiccups
Govt is yet to release norms regarding various aspects relating to the anti-profiteering provisions
GST Acts don't define 'director' or make distinction between executive or non-executive directors
With no precedent for GST in India, there could be several interpretations of new framework: Experts
CBEC is prepared for the transition to the goods and services tax GST, says Vanaja Sarna
The GST Identification Number is issued to entities that are registered under the new tax regime
GST is culmination of contribution made by various people across many years
GST's combination of greatness with tragic flaw reflects Shakespeare's character of Hamlet
A change as large as this means projections could be plain wrong
The current GST is imperfect. To fix it, the government must keep an open mind about complaints
But improving GST's design should be a priority
Union Minister said he will raise the issues with Jaitley tomorrow
While the decision-making committee met twice a week, other officials met 3-4 times a week
In the GST regime, goods and services will be taxed in either of 5, 12, 18 and 28 %
Current tax rate is around 25-27%, which would go to 28%
Shops, pharmacies in Mumbai, New Delhi scramble to fight confusion and issue invoices in new regime
Company sells a range of bikes priced between Rs 40,000 and Rs 1.1 lakh
Industries expect support from the government