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

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...

GST roadblocks hit Patanjali growth in FY18

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...

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

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...

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

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...

GST roll out still needs clarity, Wydr survey finds

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...

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

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...

GST Council slashes rates on 29 items to zero per cent

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...

2017 In Retrospect: GST made 2017 most significant year for economy since Independence

The 70th year since Independence will go down in Indian history since the country switched over to the Goods and Services Tax (GST) regime, realising, thereby, the vision of a unified market in a federal system that guided the...

Retrospect: How did the retail industry fare in 2017

Demonetization, that was announced in November 2016 had an overbearing influence on the way 2017 started, barely 45 days into what was arguably one of the boldest reforms India has seen. This had both positive and negative rub-offs on...

Telangana govt urges retailers to pass on GST benefits to consumers

The Telangana government has urged retailers to pass on to consumers the benefit of recent reduction in rates of GST on several items. At a meeting here, all major retailers, "including Flipkart India Ltd, readymade, optical and jewellery dealers and...
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