GST News 2017-05-21T16:59:09+00:00

Latest News Related to GST

  • gst mizoram bill passed

Mizoram GST Bill Passed Unanimously

May 26th, 2017|0 Comments

Mizoram assembly unanimously passed the Mizoram Goods and Services Tax (GST) Bill, 2017 in a one-day special session of the legislature today. State Taxation Mminister Lalsawta, who introduced the bill, hoped that the new tax [...]

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GST implementation may increase expense ratio of fund houses

May 26th, 2017|0 Comments

With 3% increase in service tax likely after the implementation of Goods and services Tax (GST) from 1 July, the expense ratio of mutual fund houses across the country will also go up by [...]

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GST to allow companies in tax-free zones to claim refund

May 26th, 2017|0 Comments

India is working on a new system to allow companies with units in tax-free zones to claim refund of the Goods and Services Tax (GST), helping ensure a smooth transition to the new regime [...]

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GST will help lower food inflation by 2 per cent: Radhamohan Singh

May 25th, 2017|0 Comments

India has said that the implementation of the Goods and Services Tax (GST) will benefit farmers and reduce food inflation, as grain and milk would remain exempted under the new regime that would put [...]

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GST : Ramdev unhappy? GST rates dampen Ayurveda firms’ hopes

May 25th, 2017|0 Comments

The Centre has decided to keep ayurveda products in the mid-range of the goods and services tax (GST), dampening spirits in the sector. With the emergence of Patanjali Ayurved, consumer goods companies have felt [...]

  • gst specialist demand

Cos scramble to hire GST specialists

May 25th, 2017|0 Comments

Even as the job scenario in a few sectors becomes a bit grim, a new demand for 'GST specialists' and 'GST professionals' is creating a lot of positivity. Recruitment sites are brimming with job [...]

  • GST ready software - GST Ark - Solution of GST

GST Ready Software – GST ArK – Solution of GST

May 24th, 2017|0 Comments

GST ArK - GST Transition Tool (GST Ready Software - Solution of GST)  GST Ark is a transitional tool which helps you to determine your levis and related liabilities in [...]

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Small cars, SUVs demand may spike ahead of GST

May 24th, 2017|0 Comments

Automakers are divided over the impact of goods and services tax, but expect a spike in demand for Small cars and SUVs over the next few weeks from buyers trying to beat a possible [...]

  • GST India Alcohol and Beer rates costlier

GST India -Alcohol out of GST for now, but beer will still get costlier

May 24th, 2017|0 Comments

Liquor has been kept outside the goods and services tax (GST) for now as it requires a constitutional amendment to bring it under the ambit of the new tax regime. However, there are expectations that [...]

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Higher GST rates unlikely to disturb consumption: says Experts

May 24th, 2017|0 Comments

Higher goods and services tax (GST) rates have sparked fears of a fall in consumption and a slowdown in growth but the reality could be quite the opposite, economists and industry experts said. Price [...]

  • Goods and service tax-gst reform- indias biggest refrom- july 1- revenue

GST may not raise revenues ‘significantly’ in next few years: Fitch Ratings

May 24th, 2017|0 Comments

The Goods and Services Tax (GST) reform, being touted as India's biggest reform that will come into effect from July 1, may not boost revenues "significantly" in the next few years, but can work [...]

  • GST later will will cheap under gst Watching movies, theatre, cable TV to be cheaper

GST later : Watching movies, theatre, cable TV to be cheaper

May 23rd, 2017|0 Comments

Watching movies, theatre or cable TV is set to become cheaper later the Goods and Services Tax (GST) regime scheduled from July 2017. The finance ministry on Tuesday said the taxes on entertainments and [...]

  • Gst wholesale trader india impact

GST: The coming disruption in the wholesale trade

May 23rd, 2017|0 Comments

Most fast-moving consumer goods (FMCG) companies flagged weakness in the wholesale channel as a problem that affected sales growth in the March quarter. The rural market has been affected more than urban markets. Wholesalers [...]

  • gst hike price increase hasmukh adhia

GST : Hold back price hikes till GST roll out: Hasmukh Adhia tells India Inc

May 23rd, 2017|0 Comments

The government today asked industry to hold back price increases till GST roll out from July 1, saying such hikes might later lead to inquiry of balance sheet by a specified authority. Revenue Secretary [...]

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GST benefits : Smartphones, medical devices to cost less with GST, says govt.

May 23rd, 2017|0 Comments

In a bid to ensure that the benefits of lower GST on products — ranging from smartphones to medical devices and cement — are passed on to consumers, the Centre released on Monday calculations [...]

  • gst impact economy inflation

GST impact : On Economy – Inflation

May 22nd, 2017|0 Comments

GST IMPACT While the lower Goods and Services Tax (GST) rates may lead to a decline in inflation, economy growth may not improve significantly in the short term even though it will benefit [...]

  • gold gst rate gold chian

Gold : Single GST rate proposed across value chain on gold

May 22nd, 2017|0 Comments

Most states demanded a 5% goods and services tax (GST) on gold, silver and diamond in the GST Council meet but this did not find favour with ornament making hubs such as Maharashtra, Gujarat [...]

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GST to be biggest achievement of Modi government : Assocham

May 22nd, 2017|0 Comments

The Goods and Services Tax (GST) will feature on the top of the government's list of achievements in the last three years that also saw some other credible measures on taxation and financial inclusion [...]

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