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COSMETICS GST
ET Prime Special Series: Multibagger or IBC - Part 60: This auto ancillary built its empire on one family. Can it survive the EV test?It began life making bicycle parts in Gujarat, the changed its name and business. That created scale, stability, and growth. A single custo...- Consumer companies hold back price hikes amid cost pressures and post-GST scrutinyConsumer goods companies are delaying routine price hikes despite a rise in input costs, as they fear scrutiny after recent GST rate cuts. ...
- GST cuts elude detergents, cosmetics; analysts and FMCG players say it's surprisingIndustry experts are surprised that detergents and cosmetics remain under the 18% GST slab despite the govt's restructuring aimed at boosti...
- GST 2.0 to boost FMCG consumption, larger packs items to get benefit from price cuts: Nuvama ReportA new report suggests that the FMCG sector in India is set to benefit from recent GST rate revisions. Nuvama's report indicates that tax cu...
- Rate rationalisation exercise: Luxe bags, cosmetic treatments may be moved to 28% GST SlabThe GST Council's GoM is considering moving 58 goods and 24 services, including luxury handbags, sunglasses, and cosmetic procedures, to a ...
- Govt committed to bringing more reforms: Amit ShahUnion Home Minister Amit Shah praised PM Narendra Modi for introducing GST, leading to lower prices of household items. The NDA govt aims t...
- Delhi HC directs L'Oreal to pay fine for not passing on benefits of GST cutThe court was hearing a petition filed by LOreal India against a tax demand raised by the National Anti-Profiteering Authority (NAA) for al...
- Delhi High Court directs LÓreal India to pay penalty for profiteering after GSTThe court was hearing a petition filed by the LÓreal India against a tax demand raised by the National Anti-Profiteering Authority (NAA) fo...
- GST Council decides extra-neutral alcohol taxation to stay with statesCurrently, alcohol for human consumption or potable alcohol is out of the ambit of GST and states are free to levy taxes on them. However, ...
- Hospitals may have to pay GST on food to inpatientsAccording to current regulations, GST does not apply to any service provided by hospitals unless they are related to cosmetics, including c...
- GST investigation arm finds P&G India guilty of profiteering Rs 250 croreAn investigation found P&G had not lowered prices of products despite cut in GST rate to 18% from 28%.
- GST helped you save Rs 320 per month: AnalysisGST not just made India one market, it also did away with tax-on-tax prevalent in the previous system.
- Government cut GST rates with eye on assembly polls: P. Chidambaram"When elections are around the corner, government cuts rates. I suppose that makes a good case for frequent elections in different states!,...
- Prices to rise by 15% after increase in import duty says Shoppers Stop MD Govind ShrikhandeThe GST council on November 10 had revised the tax rates on around 178 items, ranging from chewing gum to beauty products.
- Importers of food, cosmetics to get refund on excess GST“We have told importers that if they have imported goods at 28% and are selling them at 18%, they can claim a refund,” a senior official at...
- GST Impact: Dabur cuts shampoo, air freshener, skin care prices by 8-10%Last week, the GST Council reduced tax slabs from 28% to 18% across 200 product categories including shampoo, detergent, cosmetics and choc...
- Only 50 items to face 28% GST tax rate: Here are all the detailsThere was unanimity that in 28% category there should be only sin and demerit goods, said Bihar FM Sushil Modi who is at the GST Council me...
- Only 50 items to face 28% GST tax rate: Here are all the detailsThere was unanimity that in 28% category there should be only sin and demerit goods, said Bihar FM Sushil Modi who is at the GST Council me...
- Only 50 items to face 28% GST tax rate: Here are all the detailsThere was unanimity that in 28% category there should be only sin and demerit goods, said Bihar FM Sushil Modi who is at the GST Council me...
- Pre-GST medicine stocks can be relabeled with revised MRPs: CDSCOSo far, chemists had been selling old stocks of medicines at their pre-GST MRPs and pharma companies were expected to declare the new MRPs ...
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