Page 91 - Gst

GST: Conceptual and other misconceptions removed

Neither central excise nor service tax is really or intrinsically a VAT

What is applicability of GST on GP's fees paid by a hospital?

Such services should be liable to GST at the rate of 18%

GST will test investors' patience

Markets will not be happy if GST implementation remains an issue

Telangana govt to approach courts if GST on public projects not removed

CM K Chandrashekar Rao's govt would incur an additional financial burden of Rs 19,000 cr under GST

Tamil Nadu seeks tax revision on around 40 items under GST

Tamil Nadu has put forward a demand to reduce the tax rates for around 40 items under the Goods and Services Tax (GST), including the tax rate for job works, which has been reduced in a meeting held on Saturday, according to Tamil Nadu Finance Minister D Jayakumar.The government appealed the Fitment Committee that the firecracker industry, which provides job to around 8 lakh people in the state, and which has around 1170 of the total 1221 production units which are micro iindustries, will be hit by the 28 per cent tax and a downward revision should be considered. Matchsticks made using wax and others should be brought under the same GST rate, he added.He also said that the government has sought reducing the tax rate of wet grinder from 28 per cent to 12 per cent, fixing tax for biscuits at below Rs 100 per kilogram at 5 per cent and above Rs 100 per kilogram at 18 per cent, reducing price of compressor, steel and plastic furniture from 28 per cent to 18 per cent, recycled plastics ...

Garment manufacturers cheer GST rate cut in job work

GST Council cuts tax rate on services rendered by third parties from 18% to 5%

GST transition, low sales dent M&M's profit

Total cost of GST transition at profit before tax level stood at Rs 144 crore

Chocolate mithais to attract 5% GST, Centre clarifies

Rates for kulfi, dosa batter, portable toilets spelt out

Hybrid car sales hit bump after GST

Demand for hybrid cars are on a decline since July 1, when companies raised prices by as much as twenty per cent to pass on the impact of higher Goods and Services Tax (GST). In most other markets, the hike has been about ten per cent while the impact as almost 20 per cent in Delhi. Toyota, which was seeing a gradual acceptance of its Camry Hybrid, has seen demand dip by about 30 per cent. Maruti Suzuki, the biggest car maker, with its mild hybrid vehicles Ciaz and Ertiga, said a 'steep decline' is visible. Ciaz, a mid-size sedan had grown to become the largest vehicle in its segment. Of the 5,200 plus units of Ciaz sold by the company every month, seventy per cent happened to be the diesel variant with a mild hybrid. It is this model that is now significantly expensive. Take the case of the Sigma Smart Hybrid Ciaz. It was selling at an ex-showroom price of Rs 7.89 lakh in Delhi. This car now commands a price of Rs 9.42 lakh. The increase is Rs 1.53 lakh or about 19 per cent. In ...

Businesses can file July returns on GSTN from Aug 5

GSTN has tied up with 25 agency banks authorised by the RBI to collect taxes

GST impact: This festive season get discount but no gift voucher, freebie

In the new indirect tax regime, any freebie or gift also attracts the GST

IGST to be levied only once on high sea sales

There was ambiguity on whether IGST would be levied multiple times in such sales

2.7 mn assessees yet to fully migrate to GST portal

As many as 2.7 million of the 7.1 million who were assesses under the pre-goods and services tax (GST) system and have activated their accounts on the latter portal, are yet to complete the entire enrolment process.As a result, they are yet to file returns, said GST Network, the body handling the system's information technology backbone."If you have activated your provisional ID for migrating to GST but not completed all the enrolment formalities, you might be heading for a dead end at the time of filing GST returns," GSTN said.After the initial process of activation of the provisional ID, a taxpayer has to fill Part-B of the enrolment form at the GST portal, providing relevant information regarding the business, including the authorised signatory. Submission of the completed form with digital signature certificate or electronic verification code entitles the taxpayer to the final registration certificate. About 4.4 mn have completed the entire process, of the 7.1 mn.Failure to do so .

Post GST, multi-modal transport key to seamless cargo movement

The first multi-modal facility would be up and running before December 2018

Govt's tax collections likely to go up post GST: Neelkanth Mishra

The 40-plus days of advance notice should be a relief for corporates and enterprises, he says

GST rates: FMCG to gain, SUVs to get cheaper, small cars to get costlier

The government has broadly kept the tax rates as closest to their the existing tax rate structures

GST: Inching closer toward India's biggest tax reform

Since GST will bring change in existing regime, companies need to ensure proper compliance mechanism

Buying a car, gold or property? How GST will impact your expenses

Govt has surely kept the consumer's interest in mind while deciding the tax rates under GST

GST making you anxious? Here is a fact-check on how new tax will impact you

The shelf prices of most commodities is likely to see a change over the next few weeks

GST rollout: After rate fixing, let's now hope the transition is smooth

Consensus among GST Council members on rates is commendable and bodes for a good future