Home »
gst regime News
gst regime

GST: Companies are most likely to fatten their profits than pass on benefit on lower tax to consumers
Wed, May 24, 2017
Goods and Service Tax which has brought majority of items in the 18% tax slab may not bring down prices of goods. Even though availability of input credits, reduction of logistics cost and streamlining of businesses would theoretically bring down prices, Zeebiz speaks to companies and industry expert to check the reality.
More >

CBEC seeks exporters' feedback on drawback rates post GST
Sun, Feb 26, 2017
"In order to ensure smooth transition to GST framework, the Drawback Committee is to formulate and recommend revised All Industry Rates (AIRs) of drawback on rebate to be implemented for exports in the context of new GST environment," it said.
More >

IRS officers seek PM's intervention for smooth roll-out of GST
Sun, Feb 26, 2017
In a memorandum submitted to the Prime Minister's Office (PMO), the officers' body has also highlighted the serious security and financial concerns raised by the Comptroller and Auditor General (CAG) and the Home Ministry against the Goods and Services Tax Network (GSTN).
More >
