Tag: GST

GST 360°: Tax, in the bigger picture

Understanding is not merely a product of objective analysis. It needs a perspective as well. The national debate on GST is a case in point. GST can not be admired and criticised merely based on Rs 10 or Rs15 toothpaste and shampoo. It has to be weighed upon a broader taxation policy perspective. …

Manufacturers’ body writes to Fin Min as GST remains a worry

The Micro, Small and Medium Enterprises (MSME) sector is yet to solve the issues related to the Goods and Services Tax (GST) even after 50 days since it was implemented, All India Manufacturers’ Organisation (Aimo) said.  The sector faced problems on basic issues like filling GSTR-3 B …

One month of GST: What traders, customers, manufacturers have to say

GST: Data shows new tax regime widely adopted

The Goods and Services Tax (GST) is one of the biggest tax reforms in India. Though only a few weeks old, the latest tax is now firmly embedded in the millions of transactions happening all over the country every day, since the historic first of July, 2017, a watershed in Indian taxation history.…

GST input tax credit form to be available from August 21

The form for claiming transitional input tax credit will be available on the GSTN website from August 21, reported a leading business daily. The transitional credit is the carried forward input tax credit from the earlier central excise and service tax regime. Taxpayers who wish to claim the cred…