GST

E-commerce operators like Flipkart and Snapdeal will have to deduct TCS (tax collected at source) while making payments to their suppliers, according to the new model GST law, which has done away with the definition of 'aggregator'. According to a...

Consumer electronics manufacturers’ association has urged the government to bring refrigerators, washing machines and other electronics of daily use in the 18 per cent slab rate under the goods and services tax (GST) regime, as opposed to the 28...

The Confederation of All India Traders (CAIT) is planning to launch a massive educational and awareness campaign on GST throughout the Country, begging 9th November from Mumbai, to impart knowledge among traders about e-compliance. Read: GST Council okays 5-28 pc four-slab...

The Indian Beverage Association (IBA), which represents fizzy drinks makers PepsiCo and Coca-Cola, recently said that they were ‘disappointed’ at the re-categorization of aerated drinks in the luxury category under the GST rate slabs announced by the GST Council...

Walmart on Thursday welcomed the four-tier tax structure for GST, but aerated drink makers like PepsiCo and Coca Cola were guarded in their response, saying they will wait for the details to emerge. The GST council has approved a four-tier...

The Odisha government on Friday welcomed the zero tax rate on common food items and reduction in tax rate from 6 to 5 per cent by the Goods and Services Tax (GST) Council. "In the interest of the common man,...

Conceding to stakeholders' demands, the Goods and Services Tax Council on Thursday arrived at a consensus of four bands of tax between 5 per cent and 28 per cent, while agreeing to compensate states for losses on account of...

The Confederation of All India Traders (CAIT) said that proposed four tax rates under GST is probably designed to contain inflation under GST. However, decision on exempted goods, zero rate goods and levy of tax rate on Gold-Silver is...

The cess on products like aerated drinks, tobacco products, luxury cars, pan masala is against the basic structure of Goods and Services Tax (GST) and goes against the promise made, an official of a tax consultancy firm said. "The cess...

At the time when one of India's leading supply chain and logistics companies Safexpress started its journey in 1997 - with 9 offices, 12 vehicles, and 9 hubs across the country - the decision to invest in logistics services...