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Most of top-level executives have positive perception of GST: Deloitte survey

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...

Instant flour mixes for dosa, idli, khaman cannot be classified as sattu; to attract 18% GST

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...

GST officers working on registration mechanism for ‘shared warehouse’ for e-commerce suppliers

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...

Zomato gets Rs 11.82 cr tax demand notice

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...

Meesho adds 25,000 non-GST sellers in 2 months

Earlier this year, Meesho implemented significant technological adaptations, paving the way for non-GST sellers to commence selling on the platform from October 1, 2023New Delhi: Softbank-backed Meesho on Friday said it has onboarded nearly 25,000 non-GST sellers since October...

Govt launches GST reward scheme in 6 states, UTs

The Centre and states have set aside a Rs 30-crore corpus for this fiscal for the GST reward schemeNew Delhi: The GST lucky draw 'Mera Bill Mera Adhikar' scheme was launched in six states and Union Territories on Friday and...

PVR Inox slashes food & beverage prices by up to 40%

The film exhibitor introduced food combos starting from Rs 99 from Monday to Thursday between 9 am and 6 pm, while on weekends it has offered bottomless popcorn with "unlimited refills" and "bottomless Pepsi"New Delhi: Leading multiplex chain PVR...

Cinema industry welcomes lowering GST rates to 5% on food served in movie theatres

The Goods and Services Tax (GST) Council, headed by the Union finance minister and comprising of representatives of all states and UTs, on Tuesday decided to lower the service tax levied on food and beverages consumed in cinema halls...

GST Council to clarify on TCS liability of e-commerce suppliers on ONDC

Under the GST law, every e-commerce operator is required to collect TCS at the rate of 1 per cent of the taxable value of goods/services sold through its platformNew Delhi: The Goods and Services Tax (GST) Council on July...

Jewellery Industry: Unwavering strong growth trajectory in 2023

The Indian jewellery industry is on a very strong growth trajectory. In the past 2-3 years the value of gold and diamonds has appreciated by 25-30% which has led Indians to spend more on gold and diamond jewellery aided...
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AbCoffee opens 50th outlet in just two years

The homegrown takeaway coffee chain reached the milestone by opening four new outlets in MumbaiMumbai: Tech-enabled grab-and-go coffee chain...
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