Page 89 - Gst

GST de-stocking, costlier inputs hit growth, says TCA Anant

The first quarter GDP growth touched the lowest in 13 quarters at 5.7%

Convergence of GST tax rates likely in coming days: Arun Jaitley

He noted that GST implementation was quite smooth without any major glitches

Customers make a beeline for luxury cars, SUVs before cess kicks in

After an increase in cess, these cars will be taxed at 53%

High debt to negate impact of high GST registrations in West Bengal

West Bengal has seen a surge in new GST registration post its roll-out. The state has topped the list of new registrations among all states at around 200,000 new registrations since the roll out of GST on July 1st. According to senior tax officials, one of the reasons behind the surge was the fact that a lot traders involved in businesses like medicine shops, textiles, jewelry and wood work, among others, who were not in the tax net earlier, are now under GST network.The total number of assesses under the value added tax (VAT) regime in West Bengal was close to 98000, according to rough estimates. Thus, post GST, an addition of two lakh new tax payers is expected to add significantly to the tax kitty of West Bengal.However, much of the positive impact of anticipated higher tax collection is expected to be negated by the high debt burden of the state. West Bengal is likely to gain from GST, as it is consumption driven state. Over the last few years, the West Bengal government ...

Sterling debut

It is time to focus on the next stage of GST

Air India shifts GST invoicing work to agents

No other airline has issued similar instructions. Agents expect other airlines to follow suit

GST collections top govt target, 64% file returns in July: Arun Jaitley

First month sees Rs 92,283 cr mop-up; Arun Jaitley says 'we have crossed the red line'

After note ban, GST dents India Inc profits and hurts revenue growth: Icra

Margins contracting by as much as 1.80% to 15.7% on a y-o-y basis: Report

GST like new daughter-in-law, needs time to adjust: Arjun Ram Meghwal

GST will subsume 17 indirect taxes and many cess, says Meghwal

Over 3.6 million businesses file GST returns

Those who wish to claim transitional input tax credit could file returns by August 28

GST to have positive impact on states' finances: Ind-Ra

Even in the short term, the impact on aggregate state finances will be positive, the report said

Export of big cars, SUVs may lose speed under GST

Companies are required to block substantial cash for paying the 15% cess

GST intelligence arm to be regulator for gems and jewellery sector

Under PMLA, every reporting entity is required to maintain a record of all transactions

GST: Is input tax credit available for tax paid on mobiles given to staff?

Under GST, input tax credit is available for all inputs used in course of business

GST is a crucial tax reform measure: Rohit Suri

Proposed hike in cess on luxury cars will not only hinder JLR's network expansion, says Rohit Suri

Govt clarifies on GST on newspaper ad space sale

The newspaper would have to pay 5% GST on the revenue earned from space selling

ADB praises GST, says it will reduce costs for lower-income sections

It has been about six weeks since GST became operational on July 1

Manufacturers' body writes to Finance Ministry as GST remains a worry

Even after 50 days of implementation of Goods and Services Tax (GST), the Micro, Small and Medium Enterprises (MSME) sector is yet to come out from the problems related to the implementation. K E Raghunathan, national president, AIMO has said GST is making the life of entrepreneurs miserable and as anticipated several chaotic situation exists, highlighting the issues they have come across in the GST portal.In a letter to the Finance Minister, he said, every businessman in India - be it Small/ Trader/Medium/Large enterprises - are talking and spending their full focused time on GST only.The association has been raising apprehensions on the readiness of the Government in GST implementation, Portal capability and software dependability and also had also requested immediate steps to educate and familiarise the users on GST implementation.The companies has experienced strikes and protests on various sectors which are being affected with the imposition of GST tariff, several abnormal levy ..

GST impact: GVA growth to slow to 6.3% in Q1, says Icra report

The rating agency expects GDP to rise by 6.1 per cent in year-on-year terms in the first quarter

GST levy on equipment for disabled; SC seeks Centre's reply

A bench issued notice to the Ministry of Finance on the PIL