Gst Effects
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7 Day Deadline Set For GST Registration Grant
Businesses will be able to get GST registration within 7 days, while applications flagged as risky will be processed within 30 days after physical verification of the premises.
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Does Papad Shape Affect GST? Harsh Goenka's Query Answered By Tax Body
Industrialist Harsh Goenka took to Twitter to ask about taxation on different shapes of Papad. An Indian tax body clarified the issue.
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Auto Industry United In Seeking Reduction Of GST Rate On Vehicles
The automotive industry is currently facing a daunting challenge of a deep slowdown that urgently needs some form of stimulus from the Government to supplement the efforts being made by the industry in reversing the industry fortunes towards positive performance.
-
Strict GST Policies Hurting Automotive Dealers In India; FADA
The Federation Of Automobile Dealers Association or FADA, has requested the GST Council of India to charge interest on the Gross Value instead of the net Input Tax Credit Value.
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GST Is Damaging Assam's Ailing Handicrafts Industry, Say Artisans
After machine-made alternatives and cheaper Chinese products hurt the cane and bamboo handicrafts industry in Assam, the artisans have a new worry -- the Goods and Services Tax (GST). They claim they are already suffering huge losses and now the GST seems to be "pushing the cottage industry towards near extinction".
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GST Cess: Diesel Maruti Suzuki Ciaz, Ertiga Prices Not Affected
The Ciaz diesel features a technology called SHVS or Smart Hybrid Vehicle System that classifies the sedan as a hybrid car and not just standard internal combustion engine automobile. All hybrid cars are classified at 43 per cent total GST which includes 28 per cent GST and 15 per cent cess that was originally levied on cars when the new tax struct...
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GST Cess: Maruti Suzuki Ciaz Petrol And S-Cross To Become More Expensive
The prices for the Maruti Suzuki Ciaz petrol and Maruti Suzuki S-Cross will be increased soon due to the GST council recently announcing that different segments of cars will be taxed differently under the new GST rates as per body style. After originally pegging the GST rate for cars above 4 meters to a standard 43 per cent which included a 28 per ...
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GST Effect: How The Rates Of Daily Use Items Have Changed
Items that now attract nil taxes under GST include wheat/rice, unbranded flour, curd, butter milk, unbranded natural honey and children's drawing books.
-
The Good, Bad And Ugly Of GST
Whether the GST network can seamlessly match billions of credits, facilitate tax collections, provide refunds and check evasions will be tested when most of the traders and companies file returns in September.
-
Ducati India Announces GST Prices
Prices of most Ducati bikes have been increased from Rs. 26,000 to Rs. 78,000, but prices of a few models have actually fallen
-
No GST On Sale Of Old Jewellery, Cars By Individuals
The Revenue Department today clarified that sale of old jewellery as well as old vehicles by individuals will not attract any GST
-
Indian Denies Reports Of Discontinuing Scout Sixty
The Indian Scout Sixty looks near identical to the Indian Scout, which gets a slightly larger engine and a six-speed transmission. With new GST prices, the price difference between the two bikes is just Rs. 1 lakh now
-
GST Effect: Indian Motorcycle Slashes Prices Of Three Models
Prices for the Indian Scout sees the most cuts, of up to 12 per cent. Indian has yet to announce new GST prices for all motorcycle models the company sells in India
-
Post GST Ford Endeavour Manual Variant Prices Listed In A Leaked Document
It seems that the discontinuation of Ford Endeavour's manual variants might just have been temporary. As per a leaked document from Ford India to its dealers, the automaker has listed prices of the discontinued variants as part of the new post-GST pricing.
-
GST Impact: Maruti Suzuki Dzire Prices Cut By Up To Rs. 15,100
The new Maruti Dzire has been given a price reduction to the tune of Rs. 15,100. Earlier, Maruti Suzuki India had announced that its models will see a price reduction of up to 3 per cent. The Maruti Suzuki Dzire currently has a waiting period of a little over 4 months.
-
7 Day Deadline Set For GST Registration Grant
Businesses will be able to get GST registration within 7 days, while applications flagged as risky will be processed within 30 days after physical verification of the premises.
-
Does Papad Shape Affect GST? Harsh Goenka's Query Answered By Tax Body
Industrialist Harsh Goenka took to Twitter to ask about taxation on different shapes of Papad. An Indian tax body clarified the issue.
-
Auto Industry United In Seeking Reduction Of GST Rate On Vehicles
The automotive industry is currently facing a daunting challenge of a deep slowdown that urgently needs some form of stimulus from the Government to supplement the efforts being made by the industry in reversing the industry fortunes towards positive performance.
-
Strict GST Policies Hurting Automotive Dealers In India; FADA
The Federation Of Automobile Dealers Association or FADA, has requested the GST Council of India to charge interest on the Gross Value instead of the net Input Tax Credit Value.
-
GST Is Damaging Assam's Ailing Handicrafts Industry, Say Artisans
After machine-made alternatives and cheaper Chinese products hurt the cane and bamboo handicrafts industry in Assam, the artisans have a new worry -- the Goods and Services Tax (GST). They claim they are already suffering huge losses and now the GST seems to be "pushing the cottage industry towards near extinction".
-
GST Cess: Diesel Maruti Suzuki Ciaz, Ertiga Prices Not Affected
The Ciaz diesel features a technology called SHVS or Smart Hybrid Vehicle System that classifies the sedan as a hybrid car and not just standard internal combustion engine automobile. All hybrid cars are classified at 43 per cent total GST which includes 28 per cent GST and 15 per cent cess that was originally levied on cars when the new tax struct...
-
GST Cess: Maruti Suzuki Ciaz Petrol And S-Cross To Become More Expensive
The prices for the Maruti Suzuki Ciaz petrol and Maruti Suzuki S-Cross will be increased soon due to the GST council recently announcing that different segments of cars will be taxed differently under the new GST rates as per body style. After originally pegging the GST rate for cars above 4 meters to a standard 43 per cent which included a 28 per ...
-
GST Effect: How The Rates Of Daily Use Items Have Changed
Items that now attract nil taxes under GST include wheat/rice, unbranded flour, curd, butter milk, unbranded natural honey and children's drawing books.
-
The Good, Bad And Ugly Of GST
Whether the GST network can seamlessly match billions of credits, facilitate tax collections, provide refunds and check evasions will be tested when most of the traders and companies file returns in September.
-
Ducati India Announces GST Prices
Prices of most Ducati bikes have been increased from Rs. 26,000 to Rs. 78,000, but prices of a few models have actually fallen
-
No GST On Sale Of Old Jewellery, Cars By Individuals
The Revenue Department today clarified that sale of old jewellery as well as old vehicles by individuals will not attract any GST
-
Indian Denies Reports Of Discontinuing Scout Sixty
The Indian Scout Sixty looks near identical to the Indian Scout, which gets a slightly larger engine and a six-speed transmission. With new GST prices, the price difference between the two bikes is just Rs. 1 lakh now
-
GST Effect: Indian Motorcycle Slashes Prices Of Three Models
Prices for the Indian Scout sees the most cuts, of up to 12 per cent. Indian has yet to announce new GST prices for all motorcycle models the company sells in India
-
Post GST Ford Endeavour Manual Variant Prices Listed In A Leaked Document
It seems that the discontinuation of Ford Endeavour's manual variants might just have been temporary. As per a leaked document from Ford India to its dealers, the automaker has listed prices of the discontinued variants as part of the new post-GST pricing.
-
GST Impact: Maruti Suzuki Dzire Prices Cut By Up To Rs. 15,100
The new Maruti Dzire has been given a price reduction to the tune of Rs. 15,100. Earlier, Maruti Suzuki India had announced that its models will see a price reduction of up to 3 per cent. The Maruti Suzuki Dzire currently has a waiting period of a little over 4 months.
