Page 89 - Gst

We're very, very stressed; working 28 hours a day: GSTN chief Navin Kumar

Says IT backbone for GST will be ready by July 15, software will stabilise over three-four months

Jewellers try to push old stock before GST roll-out

---Pointer box not needed for a story of this size ------With only a few days more for implementation of the Goods and Services Tax (GST), jewellers have intensified their efforts to replenish inventory by offering discounts on making charges for ornaments. Precious ornaments are estimated to become three per cent costlier under GST. At this time, jewellery demand normally declines. Two-third of the demand comes from the rural sector and farmers' attention would be on sowing, planting and re-planting. With the onset of monsoon rain, farmers purchase seed, fertiliser and pesticide by liquidating old ornaments, resulting in a sharp increase in scrap supply. And, demand for new ornaments declines sharply because of the lack of weddings, festivals and such occasions.This year, however, the lean season demand also coincides with GST implementation, to start from Sunday. Till now, jewellers were charging value added tax (VAT) of one per cent over and above the price of gold, with the ...

GST's anti-profiteering clause should be reviewed

Transition to a new indirect tax regime from July 1 is not expected to be easy

Walmart to benefit from GST, says India CEO Krish Iyer

Walmart has proposed to open 50 more Cash and Carry stores over the next four to five years

Implement GST from July 1 in J&K: Arun Jaitley asks CM Mehbooba Mufti

Failure to implement will put local industry at a disadvantage

GST may double Ola, Uber drivers' lease outgo, business may become unviable

Tax on lease under GST regime to rise to 35-43%, from 14.5% currently

GST rollout: TDS, TCS provisions deferred for govt, e-commerce companies

Businesses, with turnover less than Rs 20 lakh, will not need to register under GST

GST: Will we be required to reverse input credit under the new tax regime?

The GST regime envisages liberal input tax credit provisions

Consumers flock to shops for pre-GST discounts

Footfalls rise 30% at large-format consumer durables outlets at east Delhi

Fake news, myths, confusion prevent steady GST roll-out

Analysts believe earlier uncertainty on the implementation date might have resulted in delay

GST and macroeconomic question marks

Nobody really knows what the new tax regime will do to corporate balance sheets or govt finances

Cloth merchants' 3-day strike against 5% GST levy to begin from tomorrow

Traders, transporters & courier firms, working on cloth delivery, are expected to join the protest

GST Network reopens for registration

Opened for first time for new assessees, tax practitioners

GST changes on our trade rules

No exempt of IGST on goods that will be imported under advance authorisation or EPCG authorisation

Beware of premature load bearing

Our fledgling systems face a new level of stress both from big cases of insolvency and the GST

GST will hit small businesses, push Chinese import: Swadeshi Jagran Manch

Small businesses will be badly hit as many of them are in the higher tax bracket

No fresh tax to be imposed on goods already under GST ambit, govt clarifies

Price of essential commodities will not rise post GST, the Commerce and Industries Minister said

GST rollout: Congress, NC miss all-party meet to build consensus

Meeting was planned by J&K govt to evolve consensus over the implementation of the GST in the state

Cloth merchants plan three-day nationwide strike against GST

Foresee loss worth crores of rupees, seek one-year exemption; couriers, transporters to join stir

High GST to drive hybrid car sales into slow lane

Levy to go up from 30% to 43%; carmakers rethink plans for these models