The Tea Board was working closely with sales tax departments of West Bengal and Assam along with CBEC to make industry GST-ready.
20 Jun 2017 3:05 PM
6.5 million firms already registered for GST and more expected to sign up.
20 Jun 2017 2:25 PM
The Council's decision came in the wake of the industry's push for deferment of the tax implementation.
18 Jun 2017 7:15 PM
The GST Council today, however refused to make any more revisions on GST rates.
18 Jun 2017 6:23 PM
GST has caused a sense of discomfort amongst the traders as they are worried over the cash flow that might occur during GST implementation.
18 Jun 2017 1:54 PM
Large retail companies rule out fear of sale disruption post GST and believe it will create a 'level-playing field'.
18 Jun 2017 1:22 PM
Experts believe that if operationally security aligns with business objectives, it will enable a seamless GST process.
18 Jun 2017 11:54 AM
The reason for FPIs' net inflow is expectation from the government that it would speed up development and economic reforms.
18 Jun 2017 11:34 AM
Ongoing progress on implementation of Goods and Services Tax (GST) and monsoon will be the two near-term factors that will drive markets.
18 Jun 2017 11:19 AM
There are at present about 80 lakh excise, service tax and VAT assessees, of which 64.35 lakh have already migrated to GST Network.
17 Jun 2017 5:36 PM
With Count Magic, a business can easily generate GST compliant invoices and generate returns among other things.
16 Jun 2017 8:44 PM
It shall be the first point of contact for addressing any issue faced by any sector related to the department.
16 Jun 2017 8:33 PM
This sale has come at an opportune time for offline retailers who are looking to offload their entire inventory before GST kicks in.
14 Jun 2017 9:10 PM
The Revenue Department amended the Cenvat Credit Rules, 2004, to telcos to carry forward such unavailed credit of Service Tax under GST.
14 Jun 2017 9:01 PM
The savings will range up to Rs 4,500 depending on the model and the state in which the motorcycle is purchased.
14 Jun 2017 6:31 PM
Textile industry requested the GST Council to reconsider this on an urgent basis and bring it under the 5 per cent slab.
12 Jun 2017 8:09 PM
The tax incidence on hybrid vehicles will go up to 43 per cent from the current effective tax rate of 30.3 per cent.
12 Jun 2017 5:30 PM
The Offline Tool will be provided free of cost and taxpayers will be able to download it from the GST portal from last week of June.
10 Jun 2017 3:47 PM
Citing the vastness of the reform as a reason, the Council has urged the central and state authorities to be lenient with traders.
10 Jun 2017 12:25 PM
"At Walmart India, our teams are working diligently to be 100 per cent GST-ready in time," said Krish Iyer, CEO, Walmart India.
08 Jun 2017 3:38 PM