GST

Food

Restaurants hopeful as court issues notice to centre

FoodService India Bureau -
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.mp4 McDonald's West & South India franchisee - Hardcastle Restaurants Pvt Ltd., had dragged the government to...
Retail

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

IANS -
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...
Retail

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

Indiaretailing Bureau -
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...
Research

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

Indiaretailing Bureau -
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...
Food

GST roadblocks hit Patanjali growth in FY18

Indiaretailing Bureau -
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...
Retail

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

Indiaretailing Bureau -
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...
Retail

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

Indiaretailing Bureau -
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...
Research

GST roll out still needs clarity, Wydr survey finds

Indiaretailing Bureau -
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...
Retail

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

IANS -
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...
Retail

GST Council slashes rates on 29 items to zero per cent

IANS -
The Goods and Services Tax (GST) Council on Thursday decided to slash rates on 29 items, mainly handicrafts, to zero per cent, according to Uttarakhand Finance Minister Prakash Pant. He also said no decision has been taken on simplification of...
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Beauty & WellnessAnagha R Ratna -

Marie Claire Salon opens new outlet in Bengaluru

The store is situated at Mantri Square Mall, Malleshwaram, Bengaluru Bengaluru: French salon chain Marie Claire Salon has launched its new...
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