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Goods and GST Bill passed, Goods and Services Tax - GST |
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Goods and GST Bill passed |
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Dear All, GST Bill is passed in Rajya Sabha on 03. 08.2016. A panel under chief economic adviser Arvind Subramanian has recommended a revenue-neutral rate of 15-15.5%, with a standard rate of 17-18% be levied on most goods and all services. But, there has been no agreement yet on rates of various goods and services, which remains a tricky issue. According to the Bill, passed in the Lok Sabha in May 2015, the rates were to be decided by a GST council headed by the central finance minister with state finance ministers as members. Let us wait. Thanks. Posts / Replies Showing Replies 826 to 850 of 1401 Records Page: 1 ....303132333435363738........ 57
Consumer goods distributors, wholesalers to bear the brunt of GST.
With the GST's implementation, the middlemen will come into the organised bracket and will have to pay taxes for the very first time.
Officers can explain benefit of GST to people: IRS association
GST an opportunity to remove anomalies in tobacco taxation’
Expect positive benefits of GST to show up in Q4: Aditi Nayar, ICRA
From taxes on alcohol to GST on Uber rides: The top seven ways this budget will help or hit your pocketbook.
GST coming soon, but don’t expect quick benefits; rich valuation to stall stocks.
GST debate now continues on categorisation of products.
GST: Modi govt can't levy taxes if Parliament doesn't pass 4 Bills till Sept 15.
If the GST fails to roll out by September 15, the government will not be able to levy indirect taxes. With GST Constitution Amendment Act, the old tax regimes will cease to be effective on September 16.
Why can't politicians leave the GST alone?
CBEC to be Renamed CBIC Under GST Regime.
GST good for Titan, structural increase in market share likely
If the supplier of goods or services and place of supply of goods or services are located in same State, then CGST and SGST is payable.
Cabinet clears abolition of cesses for GST rollout, government to incur ₹ 65,000-crore loss
If the supplier and the place of supply are located in different States, then IGST is payable.
FAITH hands over GST representation to Ministry of Finance Hospitality industry's apex body Federation of Associations in Indian Tourism and Hospitality or FAITH has handed over its GST representation to the Ministry of Finance in charge for recommending rates to the GST council.
Rupee unlikely to breach 70/$ in 2017; bet on GST related sectors: Lalit Nambiar Domestic liquidity flows into the equity market seemed to have bolstered valuations given that all other asset classes including reality, gold, fixed deposits all look relative unattractively placed.
Service contracts set to be renegotiated under GST
Some of the service contracts are set to be renegotiated under the goods and services tax (GST) framework as it levies different tax rates in some peculiar situations, said industry trackers.
Expect an atmosphere of stability once GST is implemented: Godfrey Philips
In an exclusive interview to CNBC-TV18’s Latha Venkatesh, Anuj Singhal, and Sonia Shenoy, KK Modi, President & MD at Godfrey Philips India spoke about outlook going forward for the cigarette industry and the impact of GST on the industry.
Even as the GST Council granted approval to all five draft laws, industry experts feel clarity is required on several fronts ahead of the proposed July 1 rollout.
Are 3 months enough for industry to prepare for GST, ask experts.
Blue Star stalls ₹ 220-crore investment in J&K over GST query Old Query - New Comments are closed. |
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