GST

In its pre-budget memorandum, Retailers Association of India (RAI) said the Union Budget for FY25-26 should focus on generating demand and spurring consumption by offering benefits or concessions in the form of lower taxes to boost the industryNew Delhi:...

The Indian Sellers Collective and its member organizations emphasize the need for a fair and simplified GST framework to support small retailersNew Delhi: The Indian Sellers Collective, an umbrella body of trade associations and sellers nationwide, has strongly urged...

Currently, GST on beverages, cigarettes, tobacco and related products are 28 per centNew Delhi: The GoM on GST rate rationalisation on Monday decided to hike tax on sin goods like aerated beverages, cigarettes, tobacco and related products to 35...

AMRG & Associates senior partner Rajat Mohan, said the ruling emphasised that the product's major ingredient is sugar, not milk solids, making it a processed food preparation rather than a dairy-based product.New Delhi: Softy ice cream mix in vanilla...

The move to overhaul the registration, record-keeping, and monthly filing of such businesses was aimed at improving GST compliance for manufacturers of pan masala and tobacco productsNew Delhi: The government has notified 1 October as the date for implementation...

The tax regime has ensured that trucks do not have to wait for hours on state borders, which has brought down the travel time by up to 30 per cent.New Delhi: The Goods and Services Tax (GST) has played...

Marking the seven-year journey of GST, Deloitte India conducted the survey to capture India Inc.'s views on this transformational tax reformNew Delhi: An increasing number of C-suite executives have a positive perception of GST with many highlighting further reforms like...

Gujarat-based Kitchen Express Overseas Ltd had approached the AAAR against the ruling by the GST advance authorityNew Delhi: Instant mixes, including idli, dosa and khaman flour, cannot be classified as chhatua or sattu and 18% GST should be levied...

The issue of taxation for warehouses has cropped up after multiple suppliers have geo-tagged the same warehouse as their 'additional place of business' under the GST rulesNew Delhi: GST authorities are working out a mechanism to deal with the...

The order was passed by the Additional Commissioner, Central Goods and Services Tax, Gurugram, raising the GST demand of Rs 5,90,94,889, with applicable interest (not quantified) and penalty of Rs 5,90,94,889New Delhi: Online food delivery platform Zomato has received...