GST is a structural reform and is expected to accelerate the pace of GDP growth
Indian Newspaper Society, the apex body for this segment, had lobbied against service tax
Cross-border aircraft leases carried out by scheduled airlines are not subject to Customs duty
No clarity if GST will apply on published ones for rooms or price at which it is sold to consumers
With 40-odd days to go for GST, experts share insights on do's and don't in the new tax regime
Interview with Revenue Secretary Hasmukh Adhia
Traders who cannot meet the stipulated conditions should not opt for deemed credit
Investors shouldn't have high expectations on corporate earnings, says Gautam Chhaochharia
GST Council does well, but questions remain
Move aimed at helping the non-corporate sector in adopting the new tax regime
At present cross border aircraft leases don't suffer customs duty, central excise and VAT
Said 'clean-up' of the subsidy disbursal process was yet another big plus of the government
Highest cess has been put on smoking mixtures for pipes and cigarettes at the rate of 29 per cent
However, consumer durables firms hope to make good from big volumes during festive sales
Said Council to meet next week to decide on tax rates of contentious items like gold, bidi, biscuits
Industry is surprised over the differential treatment of hybrid and electric vehicles under GST
Input credit impasse adds to brokers' woes; mid-June is key auction as year's best tea is sold then
Supply of foods or drinks in outdoor catering will attract a 18% tax rate under GST
The Goods and Services Tax (GST) council have accepted the Commerce Ministry's suggestion of refunding 90 per cent of exporters' claims on incentive schemes within the first 10 days.However, the Council which had met till Friday in Srinagar, is yet to take a decision on the issue of allowing a different mechanism for exporters from the Medium Small and Micro Enterprises (MSME), Commerce and Industry minister Nirmala Sitharaman said on Saturday.The Ministry had argued for exempting the sector from paying duties since it would be difficult for such firms to go without crucial working capital for long. "On the refund issue, our request to the GST Council was that for MSMEs, if they can still think of giving an alternative, rather than asking them to pay first and then get a refund. We are yet to hear from them," Sitharaman said addressing a press conference on three years of the government.Exporters are now allowed duty-free import of input goods that go into the manufacturing of ...
In Tamil Nadu 90% of dealers have been brought under the new regime