Home » goods and service tax

You Searched For "goods and service tax"

German luxury carmaker BMW on Wednesday launched two limited edition variants of its 3 Series sedan priced at Rs 41.4 lakh and Rs 47.30 lakh.

Smaller towns will drive luxury car market, says BMW India head

The industry will get a fillip with the government focusing on infrastructure development in emerging towns, he added.

22 May 2018 7:31 PM IST

Over 17 lakh e-way bills for inter-state movement of goods have been generated by businesses and transporters since the launch of the GST anti-evasion measure on April 1.

Country-wide intra-state e-way bill system mandatory from June 3

Since the implementation of the same from April 1, 2018, more than 4.5 crore e-way bills have been generated.

22 May 2018 7:23 PM IST

At present, Patanjali has 230 acres in non-SEZ and 60 acres within SEZ area of Mihan.

GST roadblocks hit Patanjali growth in FY 2018

The company has lined up product launches such as Divya Jal in packaged drinking water and baby diapers under its Shishu...

20 May 2018 2:37 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

Revenue dept to make businesses file GST returns within deadline

The due date for filing GST summary returns for a month is 20th day of the subsequent month.

20 May 2018 12:16 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

Govt extends deadline for filing April GSTR-3B by 2 days

The government has extended the due date for filing GST summary sales returns for April by two days till May 22.

18 May 2018 6:51 PM IST

The possible coming together of online retailers Flipkart-Amazon combine may face close scrutiny for competition issues as the combined entity will be a dominant player in the fast growing Indian e-commerce market, according to experts.

Amazon blocks Australia from global sites over new tax laws

Amazon only launched a local Australian site last December, shipping from a warehouse in Melbourne with another planned...

31 May 2018 12:45 PM IST

The government has sanctioned GST refunds worth about Rs 12,700 crore or 80 per cent of the eligible claims of exporters.

Rs 20,000 crore GST refund pending with govt, says FIEO

FIEO President Ganesh Gupta said the delay in refund is mainly impacting small exporters.

29 May 2018 7:18 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

Sale of 'going concern' exempt from GST, says AAR

Any transfer of a going concern constitutes a 'supply of service' and 'nil' tax rate will apply on it.

28 May 2018 7:44 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

Number of GST amendments likely in Monsoon Session, says official

A total of 20 states have already implemented the e-way bill system, dates of which has seen several deferments in the...

28 May 2018 5:47 PM IST

Diversified ITC Ltd on Wednesday reported a 9.86 per cent increase in standalone net profit at Rs 2,932.71 crore for the fourth quarter ended March 31, 2018.

ITC Q4 net profit up 9.8 per cent to Rs 2,933 crore

The board has also recommended a dividend of Rs 5.15 per ordinary share of Re 1 each for 2017-18.

16 May 2018 2:48 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

Free banking services out of GST net, says Finance ministry

Every bank offers a different slab of minimum balance to customers, based on which some free services are provided.

15 May 2018 4:38 PM IST

Over 17 lakh e-way bills for inter-state movement of goods have been generated by businesses and transporters since the launch of the GST anti-evasion measure on April 1.

E-way bill rollout due in Assam, Rajasthan this week

As per Finance Ministry, the e-way bill rollout has been scheduled for Wednesday (May 16) in Assam, and Sunday (May 20)...

15 May 2018 12:40 PM IST