Remove disparities in GST: CAIT tells GST Council

Ahead of the forthcoming meeting of GST Council on 6th October, the Confederation of All India Traders (CAIT) has stressed the immediate need of removal of anomalies, disparities and contradictions of Goods and Services Tax (GST). The CAIT has also called for smooth functioning of GSTN portal to provide ease of complying GST provisions for […]

Deadline for sale of pre-GST goods extended to Dec 31: Ram Vilas Paswan

The Government has extended the deadline for sale of pre-GST goods with stickers of revised rates by three months to December 31, Consumer Affairs Minister Ram Vilas Paswan said. According to a PTI report: The decision came after several companies and retailers body CAIThighlighted that they are still left with huge unsold stocks of pre-GST goods and need more […]

Gom Chooses 25 Issues, to Meet Every Fortnight

A high-fueled team of ministers will conduct a meeting every fortnight to solve more than 2 dozen technical errors recognized in GSTN, the GST tax portal. This data was provided by the head of the panel and Sushil Modi, Deputy Chief Minister of Bihar, to the media in an interview. Over 25-odd errors, which had […]

The Glitchy History of India’s GST Network

The ownership and implementation shortcomings of the digital tax network have persisted for much longer, and go much deeper, than the finance minister would care to admit. Speaking at the 70th annual general meeting (AGM) of the Indian Banks’ Association last week, finance minister Arun Jaitley announced that the enforcement of the Goods and Services Tax (GST) regime has […]

Impact of GST on gold and gold jewellery prices

One of the much-awaited tax reforms in India happened on July 1, 2017, that changed the way transactions and billings of the major gold and jewellery shops in the country. After a lot of debate on the issue of tax reform in the gold price, finally, a rate of 3 per cent tax was fixed. While some believe […]

Positive Impact Of GST On SMEs Warrants More Attention

Keeping in mind the fact that Digital India has been a significant element of the Modi Sarkar’s agenda so far, it’s not surprising to see many of GST’s benefits for Small and Medium Enterprises be in the digital space After the masterstroke that was last year’s Demonetization, the passing of the GST bill in April […]