Page 93 - Gst

GST: Less taxing in the long run

GST might be marginally inflationary at the start, but will result in a lower indirect tax burden

Truck makers face GST overload; Tata Motors, Ashok Leyland sales decline

While it is yet to recover from the impact of demonetisation and BSIV transition, the domestic commercial vehicle industry is seeing another demand disruptor. Introduction of Goods and Services Tax (GST) has caused a slowdown in demand as transporters face a 20-25 per cent drop in demand leading to reduced earnings.The medium and heavy commercial vehicle segment (trucks meant to carry goods) has been the worst performing segment of the domestic automobile industry in the April-June quarter of FY18, with a 32 per cent contraction in sales to dealers. Not a single player managed to post a growth in sales. The two top players- Tata Motors and Ashok Leyland- reported a double digit decline. The ongoing quarter (July-September) does not look promising either as transporters are postponing purchases. "Post GST there has been a decline in freight rates and a postponement in truck purchases. Almost 20 per cent of the logistics industry's fleet stands unutilised as of today. The unorganised ..

Drug sales subdued in July over lingering GST issues

Pharmaceuticals are still confused over tax rates of certain products

Logistics to gain most from GST: Nitin Gadkari

He said that logistics parks are being set up at various places across the country to act as freight

Indian destocking hits GSK consumer health care business

Lack of preparedness by the trade in the run-up to the GST caused a holding back on purchase orders

A falling stock isn't always a sell

When the price of a stock falls sharply on a single day, the immediate impulse is to exit

Truckers counter govt claim, say lower volumes, not GST, cut travel time

IFTRT says lower volumes, not GST, has cut lorries' travel time

Arun Jaitley releases case study on GST

The case study captures GST entire journey right from its ideation of Kelkar Task Force Report, 2003

Gold Flakes pack of 10 costs Rs 150: ITC raises cigarette price due to GST

The price of Wills has been raised to Rs 94 for a pack of 10

GST: Reduced rates yet to bring cheer to retail car sales

The GST has brought challenges for many traders and businessmen

Business confidence for Q2 slides 13% on GST teething issues: D&B Report

While bigger companies are largely ready for the transition, the same cannot be said for SMEs

Swamy hits out at Chidambaram, says GST rollout was unanimous

Swamy said that the former is a liar and would soon go to jail

GST: Migration to new tax regime in slow lane

The window for registration is open up to September 30

Our real test starts now, with invoice uploading: GSTN chairman Navin Kumar

In a Q&A, GSTN chairman exudes confidence in the IT system the body is responsible for

New anomalies in CBEC rules

For transfer of goods from one EOU to another, procurement certificates would not be required

GST: FAQs on invoicing and registration under new tax regime

Law mandates person to obtain registration from place where he makes a supply of goods/services

Note ban, GST to widen tax base; focus on clean political funding: Jaitley

At Delhi Economic Conclave, Singapore deputy PM says little late for India in terms of job creation

GAAR, GST can impact your compensation

Your employer might need to relook at the salary structure to comply with the new changes in laws

Ironing out the wrinkles in GST

Inconsistencies need sorting out and the process of getting credits speeded up and simplified

GST protesters in Tamil Nadu try sending sanitary napkins to Modi

One of the protesters said that GST was a conspiracy reflecting Hindutva