Tag: CAIT

#GST: Have a query? Now tweet it @askGST_GoI

The Union government on May 28 started a new Twitter handle to answer industry queries related to the Goods and Services Tax (GST) proposed to be implemented from July 1. “The Department of Revenue has opened a new Twitter Handle @askGST_GoI to invite queries from all taxpayers on GST,” a Finance…

Afraid of GST, retailers are limiting their purchases

Afraid of possible losses after the July implementation of goods and services tax (GST), many small retailers and wholesalers have limited the quantity of products they buy from consumer goods companies. The fear is a result of the worry that once GST gets implemented, it would apply on the goods…

GST: Traders for no linkage of input tax credit & tax payment

Traders across the country have urged the government to remove the linkage of input tax credit with payment of tax from the Goods and Services Tax (GST) clause. The indirect tax reform is scheduled to be implemented from July 1, 2017 and is likely to cover over six million businesses under the GS…

SMBs not ready for GST, delay roll out till September: CAIT

Traders association Confederation of All India Traders (CAIT) made a case for delaying the roll out of Goods and Services Tax (GST) regime to September 1 as small businesses are not yet prepared for it. Nearly 70% of small businesses in the country are yet to adopt digital technology in their bus…

NIELIT to train small traders in digital payments

National Institute of Electronics and Information Technology (NIELIT) launched a programme to train small and medium traders in various modes of digital payments. NIELIT, under the Ministry of IT and Electronics, would conduct the programme through five regional workshops, 30 state workshops and …