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Lower GST rates on restaurants, 178 goods become effective

Lower GST rates on restaurants, 178 goods become effective

The most comprehensive overhaul of GST rates decided at a GST Council meeting, wherein tax on all restaurants was reducted to 5 per cent...
Handloom, handicraft artisans seek complete waiver of GST

Handloom, handicraft artisans seek complete waiver of GST

Notwithstanding the reduction of GST on the handloom and handicraft sector, discontent artisans has sought complete waiver waiver of tax on such products. According to...
GST Council's decision to reduce tax rates to push up sale of consumer products: Experts

GST Council’s decision to reduce tax rates to push up sale...

GST Council's decision to reduce tax rates of 178 items to 18 per cent from 28 per cent will push up demand for consumer...
Hotels, restaurants apex body welcomes GST rate change

Hotels, restaurants apex body welcomes GST rate change

The Federation of Hotel and Restaurant Associations of India (FHRAI) on Friday said GST Council's decision to cut tax rate for restaurants to 5...
Nestle to pass on GST rate cut benefits to consumers

Nestle to pass on GST rate cut benefits to consumers

In line with other FMCG players, Nestle India said it will make price revisions in accordance with the recent Goods and Services Tax rate...
FMCG companies to pass GST benefits to consumer

FMCG companies to pass on GST benefits to consumer

Consumer product makers, including HUL and Patanjali, hailed the GST Council's decision to lower tax rates on commonly used items and said the benefits...
GST on 178 daily items reduced from 28 pc to 18 pc

GST on 178 daily items reduced from 28 pc to 18...

In a major revamp of the GST tax structure, the GST Council on Friday removed 178 items from the highest 28 per cent category...
Food CEOs interact with PM; appreciate GST, FDI liberalisation

Food CEOs interact with PM; appreciate GST, FDI liberalisation

Various CEOs of global food processing and related companies on Friday interacted with Prime Minister Narendra Modi and appreciated the government's structural reforms and...
Diwali was dim for fashion industry reeling under demonetization, GST

Diwali was dim for fashion industry reeling under demonetization, GST

Style, it would appear, never goes out of fashion. But the passion to spend on designer clothes and accessories took a beating in the...
How GST is breaking the backbone of Indian Handloom Weavers

How GST is breaking the backbone of Indian Handloom Weavers

The Goods & Service Tax or GST rolled out on July 1, 2017 is considered by the Government as an achievement, with several taxes...