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V. Sivasubramanian
New Delhi, August 20, 2018
The GST Council had announced substantial GST rate cuts effective from July 27, 2018; including 28-18 per cent on consumer durables, domestic electrical appliances, televisions, storage water heaters, paints and varnishes, scent sprays, etc. and 12 per cent to nil on sanitary napkins


BusinessToday.In
New Delhi, August 13, 2018
In November 2017, the GST Council had cut tax rates for all restaurants, except the ones located within hotels with room tariffs of Rs 7,500 and above, to 5 per cent.


Dipak Mondal
New Delhi, August 8, 2018
Another round of Goods and Services Tax (GST) rate cuts have been effected by the governing body GST Council, which met recently in Delhi for the 28th time.


E Kumar Sharma
New Delhi, August 7, 2018
After the implementation of GST, the handloom weavers have seen a decline in their earnings, says Donthi Narasimha Reddy, an independent textile expert.


Goutam Das
New Delhi, August 6, 2018
Green shoots emerge for residential real estate, but it isn't out of the woods.


BusinessToday.In
July 28, 2018
Last year in November, the GST Council had slashed the tax rates for all restaurants, except the ones located within hotels with room tariffs of Rs 7,500 and above, from 18 per cent to 5 per cent.


BusinessToday.In
July 23, 2018
Last year in November, the GST council had reduced tax rates from 28 per cent to 18 per cent on 178 items. In the same month, the government set up the National Anti-Profiteering Authority to ensure that consumers get benefit of price cut under the GST.


BusinessToday.In
July 22, 2018
In its last meeting, the Council had approved the basic principles of GST return design and directed the law committee to finalise the return formats and changes in law.


BusinessToday.In
July 15, 2018
In last one year of GST regime, the revenue authorities have come across numerous cases of tax evasion where companies used fake bills to claim input tax credit.


BusinessToday.In
July 10, 2018
Once the amendments are finalised by the revenue department, they will be moved to the GST Council for approval. After that, they will be placed before Parliament and state legislatures for amending the GST law.


Dipak Mondal
New Delhi, July 9, 2018
Pronab Sen, former chief statistician of Indian and an economist, explains why it is difficult to measure the impact of GST on the unorganised sector.


Prosenjit Datta and Rajeev Dubey
New Delhi, July 9, 2018
As the Goods and Services Tax turned one, Business Today organised a discussion to understand how the journey had been so far, and what needed to be done in future. The panel, comprising Anita Rastogi, partner, indirect tax, PwC; Abhishek A. Rastogi, partner, Khaitan & Co; Atul Gupta, senior director, Deloitte, Haskins & Sells LLP; Ajay Sahai, Director General & CEO, Federation of Indian Export Organisations; Harpreet Singh, partner, indirect tax, KPMG; and Anil Bhardwaj, secretary general, Federation of Indian Micro & Small and Medium Enterprises held a 90-minute discussion


Dipak Mondal
New Delhi, July 9, 2018
The GST bandwagon has had a choppy ride in the first year but is gaining momentum. Further fine-tuning of the GST law holds key to future success


Dipak Mondal
New Delhi, July 9, 2018
The implementation of GST has led to uniformity of tax rates across the country. we look at the impact on different sectors.


Dipak Mondal
New Delhi, July 9, 2018
The man at the centre of the government's mega tax reform, Finance Secretary Hasmukh Adhia, shares with Dipak Mondal his experience of seeing through the one year of GST.


BusinessToday.In
New Delhi, July 6, 2018
As of now, petroleum products including petrol, diesel, crude oil, natural gas and aviation turbine fuel (ATF) have been exempted from the GST.


BusinessToday.In
New Delhi, July 5, 2018
The department suspects that the companies did this in order to take advantage of the Input Credit mechanism under GST, an option that did not exist under the previous tax regime.


BusinessToday.In
June 30, 2018
The GST Department has noticed that many of the suspected firms recorded large raw material purchases but little sales -  a situation that suggests under valuation or selling products at lower prices with most transactions in cash.


PTI
New Delhi, June 27, 2018
CBIC member John Joseph says investigation has revealed that a modus operandi is being followed whereby fake invoices are being generated for goods which have not been supplied at all. Based on these invoices, some entities are claiming input tax credit.


BusinessToday.In
June 26, 2018
The indirect tax department has reportedly sent tax notices to companies that transferred cash balance in their personal ledger account (PLA) to the transitional credit after the new tax regime, the Goods and Services Tax (GST), was rolled out in July last year.


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