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...
21 Sep, 2019, 12.03 AM IST
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...
01 Aug, 2018, 04.59 PM IST
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.
23 Jul, 2018, 06.24 AM IST
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.
22 Jul, 2018, 05.02 PM IST
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...
16 Dec, 2017, 11.22 PM IST
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."
13 Nov, 2017, 12.58 AM IST
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.
26 Aug, 2017, 12.33 PM IST
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.
08 Jul, 2017, 05.12 PM IST
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.
03 Jul, 2017, 10.44 AM IST
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...
01 Jul, 2017, 10.51 AM IST
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...
19 Jun, 2017, 01.33 AM IST
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.
13 Jun, 2017, 02.33 PM IST
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...
28 May, 2017, 08.32 PM IST
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...
19 May, 2017, 07.51 AM IST
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.
04 Nov, 2016, 01.53 AM IST
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...
04 Dec, 2015, 10.19 PM IST
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.
28 Feb, 2011, 12.26 PM IST