Page 144 - Gst

GST: Migration to new tax regime in slow lane

The window for registration is open up to September 30

Our real test starts now, with invoice uploading: GSTN chairman Navin Kumar

In a Q&A, GSTN chairman exudes confidence in the IT system the body is responsible for

New anomalies in CBEC rules

For transfer of goods from one EOU to another, procurement certificates would not be required

GST: FAQs on invoicing and registration under new tax regime

Law mandates person to obtain registration from place where he makes a supply of goods/services

Note ban, GST to widen tax base; focus on clean political funding: Jaitley

At Delhi Economic Conclave, Singapore deputy PM says little late for India in terms of job creation

GAAR, GST can impact your compensation

Your employer might need to relook at the salary structure to comply with the new changes in laws

Ironing out the wrinkles in GST

Inconsistencies need sorting out and the process of getting credits speeded up and simplified

GST protesters in Tamil Nadu try sending sanitary napkins to Modi

One of the protesters said that GST was a conspiracy reflecting Hindutva

GST, demonetisation to make cash transactions difficult, says Arun Jaitley

Jaitley said the government has come out with laws to contain overseas black money

7.75 mn traders registered under GSTN and help desks till July 18: Govt

Internet is not required for doing business, but it would be required for purpose of filing returns

Tepid response to 'easy GST'; only 100,000 SMEs opt for composition scheme

Composition scheme provides easy compliance, flat rate for small businesses

GST rollout: Britannia and Tata Tea have stopped supplies, says Kerala govt

Falling margins following the roll out of Goods and Services Tax has disrupted the distribution model of consumer products companies with their distributors asking for higher commission for on-selling their products.Both Britannia Industries Ltd and Tata Tea have stopped their supply to distributors in Kerala after the latter asked for higher margins, says Distributors in Kerala.According to industry representatives, both these companies have sales of around Rs 500 crore and Rs 200 crore in Kerala respectively every month.Shyam Prasad Menon, president, Federation of South India Distributors Association and Vice President for the All India Federation of Distributors Association confirmed the development and said that over the last 3-5 years, cost of doing business rose by nearly 25-50 per cent.An email sent to Britannia and Tata Tea was not responded till the time of going to press.Dhairyashil Patil, president of All India Consumer Products Distributors' Federation which represents ...

Volumes challenging in India due to GST, says Unilever

Due to migration to new tax regime GST and economic crisis in Brazil

GST destocking a blessing for Bajaj Finance

AUM expanded 39% in Q1, posting the best growth in recent times

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