GST
E-Commerce
GST Council to clarify on TCS liability of e-commerce suppliers on ONDC
PTI -
Under the GST law, every e-commerce operator is required to collect TCS at the rate of 1 per cent of the taxable value of goods/services sold through its platformNew Delhi: The Goods and Services Tax (GST) Council on July...
Big Grid
Jewellery Industry: Unwavering strong growth trajectory in 2023
The Indian jewellery industry is on a very strong growth trajectory. In the past 2-3 years the value of gold and diamonds has appreciated by 25-30% which has led Indians to spend more on gold and diamond jewellery aided...
Finance & Funding
E-commerce operators face problem in GST drive to check fake registration
PTI -
MakeMyTrip Group VP -Taxation said, GST officials should enquire with head offices with regard to virtual offices before categorizing the state registration as a fake entity New Delhi: The pan-India drive against fake GST registration has created problems for e-commerce companies...
Food
Restaurants hopeful as court issues notice to centre
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.mp4McDonald'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
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
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
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
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
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...
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Latest News
Achieving Stability: Third Year Marks Full Occupancy for the Centre: Nandini Taneja, Regional Director- Leasing, Reach Group
Conceptualised as a neighborhood mixed-use development situated in Sector 70, Gurugram by the ReachGroup, 3Roads was created to be...
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