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TRADERS WELCOME GST
Traders welcome GST rate cut, raise concerns over refundsDelhi traders welcome the new Goods and Services Tax rates. They see it as a festive relief for consumers. Some associations raised concern...- Jammu: Traders, industrialists welcome SC verdict on Article 370Welcoming the Supreme Court's verdict on Article 370, traders and industrialists in Jammu said they are looking forward to the restoration ...
- Government hikes GST for cut & polished diamonds from 0.25% to 1.5%Gem and Jewellery Export Promotion Council (GJEPC), the apex body of gem and jewellery trade in India, through a series of representations,...
- Traders' body CAIT hails decisions of the GST Council"It’s a proactive approach of the government which will bring relief to about Rs50 lakh traders across country," said Praveen Khandelwal, S...
- Government collects Rs 96,483 crore GST for JulyGST collection for the month of July is higher than the average collection of Rs 89,885 crore for the last fiscal (from July till March, 20...
- India Inc hails GST Council's decision to allow quarterly return filingThe decision to allow quarterly filing for businesses with a turnover of up to Rs 5 crore is being lauded.
- India Inc hails GST Council's decision to allow quarterly return filingThe move will benefit 93 per cent of the GST registered taxpayers. However, they will have to, however, pay taxes monthly.
- CAIT demands deferring of e-way Bill from February to April 1The all-powerful GST Council today decided to implement the e-way bill mechanism throughout the country by June 1 after reviewing the readi...
- Improve GST filing services: Gujarat tradersGCCI member Bhargav Thakkar said: "It will take time for trade to be back in shape. Many items are still taxed heavily."
- Trade hails ban on gold imports from South Korea"The ban on gold imports from South Korea has happened faster than we expected and is most welcome , " said Surendra Mehta.
- GST on gold: Guard against Kerala modelKerala, the highest per capita consumer of gold in the country, let an undesirable model thrive on high tax rates.
- Sugar trade awaits clarity on GST; cotton industry welcomes moveSugar, cotton and poultry sectors are the top employment generators both at the front and back ends.
- Wary of hiccups, but traders welcome Goods & Services TaxAcross Mumbai, Thane and other cities in Maharashtra, many traders had closed their shops or simply were not buying any new stocks due to c...
- GST Council gives relaxation of 2 months for filing of GST returns“The official implementation of GST will take place on the midnight of June 30th in an official ceremony to be held on the same day,” FM Ar...
- Lower GST on job work of textile yarn to help SMEs: CITIA job work involves a manufacturer sending goods out of the factory for specialised processing job without having to pay taxes.
- Revenue department sets up Twitter handle to answer GST queriesTraders and industry can ask questions on the twitter handle '@askGST_GoI' and officials from Central Board of Excise and Customs will answ...
- Supply chain units of big firms to be more efficient under GSTFMCG products are also expected to become cheaper, as they will be taxed at 18%, compared to 28% at present, once the GST implementations h...
- India Inc welcomes four-tier Goods and Services Tax ratesThe traders’ body called for one single return and single authority to control the taxation system, irrespective of rates.
- Ficci welcomes panel report, says GST to add 2% to GDPIn recommendations aimed at breaking the GST logjam, the panel today suggested dropping additional one per cent tax on inter-state sales ov...
- Union Budget 2011: Rs 5,000 crore to SIDBI insufficient, a raise of just Rs 1,000 crThe SME sector has termed the outlay as insufficient, but welcomed the progress on Goods and Service Tax with the states.
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