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E-commerce operators face problem in GST drive to check fake registration

MakeMyTrip Group VP -Taxation said, GST officials should enquire with head offices with regard to virtual offices before categorizing the state registration as a fake entity New Delhi: The pan-India drive against fake GST registration has created problems for e-commerce companies...

Restaurants hopeful as court issues notice to centre

The Centre is to respond to the notice send by the Gujarat High Court on allowing Input Tax Credit on GST by December 11.http://b.indiaretailing.com/wp-content/uploads/2019/11/Image-for-GST.mp4McDonald's West & South India franchisee - Hardcastle Restaurants Pvt Ltd., had dragged the government to...

TV, refrigerator, washing machines to get cheaper, GST rate cut on 50 items

In a relief for common man, the GST Council on Saturday reduced tax rates on over 50 items including refrigerators, washing machines and small televisions, which would now be taxed at 18 percent, down from the current 28 percent.Apart...

GST led to improved efficiency, moderated retail inflation: CII survey

A survey of over 200 businesses on the one year of GST has said 83 percent respondents see the new indirect tax regime a step in the right direction and 65 percent are satisfied with its overall implementation, despite...

GST ushers new era of warehousing; will lead to over 100 pc growth: JLL India

JLL, India’s largest real estate services firm, in their latest report, note the impact of Goods and Services Tax (GST) on the warehousing and logistics sector in India. The report says that GST is playing a pivotal role in...

GST roadblocks hit Patanjali growth in FY18

Baba Ramdev-led Patanjali, which has recorded multi-fold growth in recent years, is expecting a marginal growth for 2017-18, on account of Goods and Services Tax regime, said a company official.According to a PTI report: Haridwar-based firm said it was...

‘Duty Free’ shops at Delhi int’l airport liable to pay GST: AAR

International passengers buying goods at airport 'Duty-Free' shops here will have to pay GST, with the Authority for Advance Ruling (AAR) saying that such outlets at the Delhi International Airport is not 'free from duties' under the Goods and...

Inter-ministerial group to study e-commerce issues: Official

The Centre has set up an inter-ministerial group to study issues related to e-commerce sector in the country, said a top official of Department of Commerce."This is little premature to say right now. What we have set up is...

GST roll out still needs clarity, Wydr survey finds

Manufacturers and retailers across India are still grappling with issues related to GST nine months after the latter’s rollout, a new survey by Wydr, India’s largest wholesale marketplace has revealed.According to the survey, 57 percent of the respondents representing...

Consumers against extra GST on discounted MRP by e-commerce sites: Poll

A majority of consumers surveyed for a poll have raised concerns over addition of GST on discounted prices of products being sold by e-commerce sites and retail stores, and urged the government to end the unfair practice.According to Local...
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Jamshyd N Godrej, Smita Crishna, others buy stake in Godrej Consumer for Rs 1,645 cr

The shares were picked up at an average price of Rs 1,443.90 apiece, taking the transaction value to Rs...
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