Manufacturers/packers/ importers of pre-packaged commodity allowed to change retail sale price
Fashion retailer uses technology to adopt unified inventory management systems across warehouses
Uncertainty over the initial impact - Some sectors are happy, others worried about lack of offsets
Imperfections in the GST structure and relaxations in procedures ensured a disruption-free roll-out
Inter-state supply of goods: GST registration required in the state from where you supply such goods
The aviation industry had been asking for relief as it was facing a dual levy
FM says state is centrally located and firms making consumer goods may opt to set up godowns there
The recommendations were based on the ministry's consultations with trade and industry
The joint study said new tax regime will lead to market expansion
It said Modi was one of the most vocal opponents of the GST when he was Gujarat CM
GST provision requires any good more than Rs 50,000 in value to be pre-registered
Firm to provide assistance from a pool of over 800 experts across 14 cities
Nirmala Sitharaman made this remark referring to the agitation by Tamil Nadu film industry
Finance Ministry also asked anyone facing any such problem to lodge a complaint
He said the advent of the GST had hit and small and medium traders hard
GST is expected to impact the freight and logistics segments the most
Congress' statement is an indirect jibe at Modi who termed the GST as Good and Simple Tax
Industry-starved northeast states are mostly consumer states. GST will be beneficial: Mahesh Saharia
Movement of goods worth more than Rs 50,000 will require prior online registration on GST portal
The government has warned companies to depict the revised Maximum Retail Price (MRP) of their products' unsold stocks in the goods and services tax (GST) regime.If not, stated consumer affairs minister Ram Vilas Paswan on Friday, there could be penalty of up to a year in jail, for brwach of the Legal Metrology (Packaged Commodities) Rules. "Non-compliance of this will attract a fine of Rs 25,000 for a first offence, Rs 50,000 for a second time and up to Rs 1 lakh penalty for the third offence onwards and even imprisonment of up to one year," the minister said. He did not say who in an errant company could be jailed -- the tax parlance is 'principal person in default'.Manufacturers have been allowed to clear pre-GST unsold stocks by September 30 with the new MRP.Under the GST regime, Paswan said, some prices of goods have fallen and some have risen. "We have told companies to reprint revised rates on unsold goods. Stickers of the new MRP should be pasted, so that consumers are aware ..