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Goods and Service Tax

FMCG firms top chart of consumer complaints after GST roll-out

FMCG firms top chart of consumer complaints after GST roll-out

Tue, Dec 17, 2019

Fast-moving consumer goods (FMCG) firms have topped the list of over-charging customers ever since the Goods and Services Tax (GST) was rolled out on July 1, 2017. Restaurateurs came second in the chart followed by entertainment and media firms.

Taxpayers worried over GST red-flag reports

Taxpayers worried over GST red-flag reports

Sun, Nov 24, 2019

IANS has seen a red-flag report to the taxpayer. Sources said that the red-flag reports are very detailed and highlight discrepancies across various parameters.

No GST on goods bought at duty free shops: Bombay HC

No GST on goods bought at duty free shops: Bombay HC

Thu, Oct 10, 2019

In major relief to duty free shops, the Bombay High Court has ruled that goods and services tax (GST) cannot be levied on products sold at the duty free shops in Mumbai airport.

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16 years in making: Rajya Sabha passes GST Bill, finally

16 years in making: Rajya Sabha passes GST Bill, finally

Wed, Aug 03, 2016

The much awaited GST bill has finally been passed by the Rajya Sabha on Wednesday with a unanimous vote in favour of the bill. The GST bill that seeks to amend the constitution was a matter of long standing debate in the Rajya Sabha.

GST implementation: Way forward for India’s biggest tax reform

GST implementation: Way forward for India’s biggest tax reform

Tue, Aug 02, 2016

The fate of India’s biggest tax reform since 1947 is still hanging in the balance, and is expected to be cleared by the Rajya Sabha on August 3. The GST bill was passed in the Lower House of the Parliament in 2015 and its approval process is nothing less than complicated.

GST rollout from April 1 if law passed in next session: Sinha

GST rollout from April 1 if law passed in next session: Sinha

Mon, Jun 13, 2016

Targeting April 2017 for the rollout of Goods and Services Tax (GST), the government is betting on support from smaller regional parties to pass the national sales tax legislation in the Parliament session from next month, and expects approval for supporting laws by year-end.

Increasing spending in infra, rural India to be focus areas in next few years: Arun Jaitley

Increasing spending in infra, rural India to be focus areas in next few years: Arun Jaitley

Tue, Apr 19, 2016

Finance Minister Arun Jaitley outlined the steps that government will take such as bankruptcy law, arbitration laws, amendment of Companies Act, implementation of GST bill

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