Page 2 - Gst Regime

Got your June credit card, mobile bills now? Yes, you will have to pay GST

Most of the services attract a higher tax slab of 18% compared to around 15% service

GST protests: CAIT to meet trade leaders tomorrow to discuss issues

Meeting will have discussions on GST effects, implications, access, roadblocks & challenges

GST glitches: Govt increases count of consumer helplines from 14 to 60

The contact number of the national consumer helpline is 14404

GST on foodgrain: 5% tax only on branded cereals under trademark law

5% GST is applicable only on brand names which are in force under the Trade Marks Act, 1999

GST rate of 28% on watches might increase smuggling, cautions Titan

However, the company has ruled out any price increase immediately

Bad news for farmers: GST to increase cost of tractor production

Inverted duty structure may up input cost by Rs 25,000 a unit, firms' working capital by Rs 1,600 cr

Govt examines drawback benefit schemes in GST regime

Exporters remained wary about duty drawbacks as clarity over continuation remained a grey area

GST regime: Khadi yarn, Gandhi topi, national flag to not attract any tax

On the other hand, jewellery, pearls and coins will carry 3% levy from the next month

GST roll-out: Revenue dept sets up twitter handle to answer queries

Traders can ask questions on the handle '@askGST_GoI' and officials from CBEC will answer them

Under GST regime, no tax payable on goods or services exports: Rajagopalan

However, you will have option to pay tax on export and claim IGST refund, says Rajagoplan

Advance Ruling Authority under GST regime may compromise independence

May have officials of the rank of joint commissioner as against non-govt members in the current regime

Tax buoyancy likely to take hit in first year of GST regime: Hasmukh Adhia

Govt predicts indirect tax collections growth at 8-9% for current FY versus 22% in previous FY

Around 65,000 Mumbai firms migrate to GST, says Service Tax dept

The dept is hopeful that all those who have not yet migrated, will do so by the month-end

For GST regime, bills to amend customs, excise acts introduced in LS

Seeks to include 'warehouse' in the definition of customs area so that an importer don't pay IGST