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GST will boost India’s economic growth in coming years: India Inc

The industry believes that the GST will help attract foreign and domestic investment across new locations. Goods and Services Tax is a step in the...

60% may escape GST net if turnover threshold doubled

NEW DELHI: The move to double the threshold for goods and services tax (GST) registration to annual turnover of Rs 40 lakh may result...

Make GST input tax credit claims online: Suresh Prabhu

NEW DELHI: Commerce minister Suresh Prabhu Wednesday urged the finance ministry to make the process of refund of GST input tax credit online. Prabhu, along...

2 firms evade Rs 41.78-cr GST; 6 booked

The local excise and taxation authorities have detected evasion of Goods and Services Tax (GST) to the tune of Rs41.78 crore and registered cases...

Demonetisation, GST hit growth in gold jewel industry: Gem and jewellery body

After the demonetisation in 2016 and introduction of the goods and services tax, the growth of the industry remained stagnant despite the country being...

Alibaba Will Ban Sellers Who Evade GST In India; Crackdown On Chinese ‘Gifts’ Continue

Alibaba, Club Factory and Shein sellers to be banned? E-commerce has made everything so easy and convenient and everyone is ordering something or the other...

Why reduced GST will prove costly for budget homebuyers

HIGHLIGHTS  The plan to reduce 12% GST on housing to a 5% without extending the benefit of input tax credit to developers will increase...

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