GST News 2017-06-23T14:52:55+00:00

Latest News Related to GST

  • Goa State GST ACT 2017- Download

GOA STATE GST ACT 2017- Download in PDF

June 24th, 2017|0 Comments

THE GOA GOODS AND SERVICES TAX (GST) ACT, 2017 (Goa Act 4 of 2017) [23-5-2017] AN ACT to make a provision for levy and collection of tax on intra-State supply of goods or services or [...]

  • GST Jharkhand ACT in Hindi and English

JHARKHAND STATE GST ACT- Hindi & English – Download

June 24th, 2017|0 Comments

THE JHARKHAND GOODS AND SERVICES TAX (GST) ACT  , 2017 (JHARKHAND ACT 12, 2017) An ACT to make a provision for levy and collection of tax on intra-State supply of goods or services or both [...]

  • Incentive Schemes For Exporters under GST

Incentive Schemes For Exporters Will Continue Post GST

June 24th, 2017|0 Comments

The incentive schemes designed for promotion of exports will continue even after the Goods and Services Tax roll out from July 1, while deemed export benefits may be withdrawn. The government is committed to [...]

  • SUrat textile markets GST

GST: Surat textile markets shut till June 30

June 24th, 2017|0 Comments

With just eight days left for the implementation of Goods and Service Tax (GST), over 70,000 textile shops in more than 165 textile markets in the country's largest man-made fabric (MMF) hub in the [...]

  • gst in india rates item wise

Ordinance route likely to align SEZ law with GST

June 24th, 2017|0 Comments

Days before the goods and services tax (GST) is rolled out, the government will rush an ordinance to amend the law for special economic zones to align it with incoming tax regime. The government [...]

  • GST New Registrations

GST Network to begin accepting fresh registrations from June 25

June 24th, 2017|0 Comments

The Goods and Services Tax Network (GSTN) portal which has so far only been accepting requests for migration from the current indirect tax regime to the GST system will now start accepting fresh registrations [...]

  • GST officials

GST cell to sensitise govt officials

June 23rd, 2017|0 Comments

With the goods and services tax (GST) set to roll out from July 1, the ministry of textiles has set up a separate GST cell for stakeholders in the industry. This was announced by [...]

  • Telecom Banking Costlier Under GST

Telecom to banking, most services to be costlier with GST

June 23rd, 2017|0 Comments

For some days now, several service providers — from insurance and banking to telecom and hotels — have been sending emailers to customers warning of a GST-driven increase in prices+ starting July 1. Alarmed [...]

  • GST Helpline for Taxpayers

Coming soon: helpline for GST taxpayers

June 23rd, 2017|0 Comments

GST Network, the company providing IT backbone for the GST, will launch two call centres on Sunday to handle queries from taxpayers and tax officials. The Goods and Services Tax will be rolled out [...]

  • FMCG Companies

FMCG companies may not make higher profits on lower GST rates

June 23rd, 2017|0 Comments

Lower rates of GST may not necessarily mean higher profits for Indian consumer firms, while the converse is equally true for those selling in limited pockets. The reason is a simple averaging of tax [...]

  • gst impact economy inflation

GST example of national integration

June 23rd, 2017|0 Comments

The Union Cabinet, chaired by Prime Minister Narendra Modi, on Thursday passed a resolution thanking chief ministers and finance ministers from all the states as well as political parties for extending cooperation for the [...]

  • Retailers need to file single GST return

Retailers need to file single GST return every month: Hasmukh Adhia

June 22nd, 2017|0 Comments

Days before the rollout of the landmark GST, the government today sought to dispel the notion that the new tax regime will be cumbersome and compliance- heavy, saying taxpayers need to file only one [...]

  • GST supply,Transition to GST

Companies reduce supplies ahead of transition to GST

June 22nd, 2017|0 Comments

A leading consumer appliances maker will stop taking fresh orders from its dealers starting Thursday. This will ensure that the company clears all pending orders in the next two-three days and spends the following [...]

  • GST effect on business

GST effect: Sculptors tensed over business

June 22nd, 2017|0 Comments

The ambiguity about tax on statues and pictures of religious deities under the new under the Goods and Services Tax (GST) has become a cause for concern for sculptors. Although religious deities, pictures and [...]

  • under gst - taxable person

6 reasons you need not fear the GST regime

June 22nd, 2017|0 Comments

The goods and services tax (GST) is set for a July 1 launch. While businesses have adjustments to make, consumers do not have much to worry about, apart from some possible disruption in supply. [...]

  • GST Section and Rules

Govt notifies 18 sections, 2 rules for GST

June 21st, 2017|0 Comments

Days ahead of the rollout of Goods and Service Tax, the government today notified sections in the GST Act dealing with mandatory registration of current indirect tax payers in the new regime. As many [...]

  • GST Impact on Car Sale

GST impact: June may see muted growth in car sales, decline unlikely

June 21st, 2017|0 Comments

Car makers are unlikely to see a double digit growth in volumes during June but a YoY decline is ruled out even as dealers may end up taking some hit in transition to GST. [...]

  • GST profiteering may lead to cancellation of GST registration

GST profiteering may lead to cancellation of registration

June 21st, 2017|0 Comments

The government's anti-profiteering rules have raised the prospects of cancellation of registration of an entity that takes undue advantage of Goods and Services Tax (GST) implementation and does not share the gains with consumers. [...]