GST impacts

News

GST IMPACTS NEWS

GST inversion eases but wide gap in input-output rates remains a worry for industry

September 08, 2025 7:56 am

An industry executive who did not wish to be named said that if there is a risk of substantial amounts getting stuck within the refund process, it gives way to tendencies of evasion

GST protest: Farm markets stay shut for fourth day in Saurashtra

July 05, 2017 3:24 am

Traders and commission agents of Rajkot held a meeting during the day and invited tax experts to explain ways to comply with the new tax system. However, the meeting remained inconclusive on when the business would resume.

GST in India, GSt implementation, India's economic survey, CII, FICCI and Assocham on Economic survey, Arvind Subramanian, introduction of GST, India news, National news, Latest news

GST impacts: ‘Seamless’ changeover for some restaurants, ‘confusion’ for others, says president of NRAI

July 04, 2017 3:11 am

“Clarity was not really there until the last minute,” said Rejaneek Barot, owner of Revival Restaurant in South Mumbai. “This prevented us from updating the accounting software to incorporate such changes until July 1 itself," said Persis Irani.

Transition to Goods and services tax: Automakers slash prices, govt raises motor vehicle tax

July 04, 2017 2:48 am

The cabinet has hiked the rate of tax by 2 percentage points across all two-, three- and four-wheeler segments. This is a second time within a year that the state government has increased the one-time levy collected at the time of the registration of vehicles.

GST rollout: Pune zone gets 30 complaints, 50 per cent over technical issues

July 04, 2017 1:19 am

A special email ID has been created by the department to address complaints and till Monday, 30 such complaints were received with around 50 per cent of the complaints related to technical issues regarding GST IDs. Complaints related to the IDs were forwarded to the necessary department.