Page 41 - Latest Updates on Goods and Services Tax
GoM on GST Network to meet on Wednesday to look into technical issues
The GoM is also likely to deliberate on e-way bill implementation from February 1
 "GoM on GST Network to meet on Wednesday to look into technical issues")
Three rates better than one flat rate in the goods and services tax
In India, the situation of people is such that if we charge items more commonly purchased by poor people at 18%, there will be serious repercussion
GST will become good and simple tax in a few months, says MoS for Finance
It will be so simple that even children will able to understand: MoS for Finance Shiv Pratap Shukla
 "GST will become good and simple tax in a few months, says MoS for Finance")
The aim of GST is to break the backbone of India: Rahul Gandhi
Gandhi said: The aim of GST is to break the backbone of India and strengthen the backbones of selected few five or six industrialists
 "The aim of GST is to break the backbone of India: Rahul Gandhi")
Note ban, GST was 'utter contempt of public opinion': Chidambaram
BJP should talk to traders & businessmen in their own party for GST impact: Chidambaram
 "Note ban, GST was 'utter contempt of public opinion': Chidambaram")
GST hiccups: Rush job may cause more pain later
The GSTN (Goods and Services Tax Network) had shut down on August 30 and 31.
 "GST hiccups: Rush job may cause more pain later")
India destined to 6.6% GDP growth but GST dampens outlook: Reuters poll
The range of forecasts was wide from 5.7 percent to 7.2 percent
 "India destined to 6.6% GDP growth but GST dampens outlook: Reuters poll")
Despite teething troubles, GST will boost GDP in next 6 months: Godrej
He said free enterprise should be encouraged to accelerate growth
 "Despite teething troubles, GST will boost GDP in next 6 months: Godrej")
GST crosses J&K hurdle, Assembly passes implementation resolution amid din
Resolution moved by state Finance Minister Haseeb Drabu, was adopted through a presidential order
 "GST crosses J&K hurdle, Assembly passes implementation resolution amid din")
Opposition creates ruckus in J&K assembly over passage of GST bill
Jammu and Kashmir is the only state in the country where the GST has not been implemented so far
 "Opposition creates ruckus in J&K assembly over passage of GST bill")
GST in Kashmir: Traders march against new regime with black flags; detained
A special session of the state legislature began today to discuss GST implementation
Traders, civil society groups set up new panel to oppose GST passage in J&K
GST goes against the letter and spirit of the autonomy of the state says convener Siraj Ahmad
No difference of opinion, GST to be implemented soon in J&K: Jitendra Singh
Union Minister Jitendra Singh assures of GST implementation within next 3-4 days in J&K
 "No difference of opinion, GST to be implemented soon in J&K: Jitendra Singh")
GST will cause inflation; burden common man and small firms: P Chidambaram
Anti-profiteering provision in the new law will be an instrument of harassment, says Chidambaram
 "GST will cause inflation; burden common man and small firms: P Chidambaram")
GST in Kashmir will erode the Valley's special status, protest traders
The shutdown call was given by Kashmir Traders and Manufacturers (KTMF)
 "GST in Kashmir will erode the Valley's special status, protest traders")
Centre, states look to iron out differences at GST meeting
On the issue of 'dual control', the Centre will likely propose a division of powers based on audit and scrutiny of assesses
 "Centre, states look to iron out differences at GST meeting")
GST rollout to make household jewellery 18% cheaper
Jewellers will not get input credit on gold procured through melting of used jewellery. Hence, they will prefer to pass on the loss to customers
 "GST rollout to make household jewellery 18% cheaper")
GST to be simple with 1% additional tax removal, say experts
Analysts believe the GST could boost India's economic growth by up to 2 percentage points
 "GST to be simple with 1% additional tax removal, say experts")
