Page 8 - Goods And Service Tax

Tamil Nadu urges Centre to pay Rs 7,214 crore in GST dues to the state

Tamil Nadu officials have told media that the state is not receiving compensation every month like other states, which do not have the IGST problem

Hero's Munjal proposes GST rate cut for two-wheelers, Bajaj disposes

Munjal's remarks come against the backdrop of slowing two-wheeler sales of Hero and others in the domestic market after years of double digit growth

GST: Focus shifts to enforcement actions, returns, refund simplification

The GST, which replaced a tangle of local taxes and entry levies, saw a chaotic roll-out on July 1, 2017, following a decade of political debate but only three months of concrete planning

GST anti-profiteering provisions: Not so profitable anymore

One of the grey area is whether the anti-profiteering provisions can provide for a comparison of tax rates between the pre-GST and post-GST eras?

GST Council's rush job angers some FMs of Opposition-ruled states

They called the process "undemocratic, unpleasant, unfortunate and non-egalitarian"

GST Council to take call on turning GSTN into govt entity on May 1

GST Council will also weigh options of raising the government's stake in the IT body to 51% from the current 49%

Letters to BS: GST was imposed in much haste. Was it a wrong move?

Being on the anvil for decades, the GST transition phase should have been designed for far less complexity and for shorter duration

'GST made 2017 most significant year for Indian economy since 1947'

The earlier system was a myriad of central and state taxes where the movement of goods was slowed down by products being taxed multiple times

Daily-use products, eating out become cheaper with revised GST rates

Daily-use products like toiletries and furniture have become cheaper with the revised GST rates.