Film Industry Fear Adverse Effect Under GST
The South Indian Film Chamber of Commerce (SIFCC) is seeking a resolution from the Union finance ministry quoting the adverse effects of GST on the film industry.
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The South Indian Film Chamber of Commerce (SIFCC) is seeking a resolution from the Union finance ministry quoting the adverse effects of GST on the film industry.
A meeting regarding the GST application and its roll out was turned out to ensure that the timeline can be achieved within the framework, in which finance minister Arun Jaitley took a firm decision to establish a ‘war room’ to tackle the oncoming hurdles of GST. The war room establishment is reviewed on the daily […]
Goods and Service tax, a significant taxation regime which will subsume, various indirect taxes in the nation and has a tentative date of 1 April in coming year to be implemented. And in this direction, the first meeting will be holding today at the national capital. The two-day meeting was already scheduled for Sept. 22-23 […]
The Central Board of Excise and Customs (CBEC) has released an extensive FAQs detailing taxability of e-commerce players and taxi aggregators under the new system. The (FAQ) booklet consists of 268-page frequently asked questions. It has been released by Finance Minister Arun Jaitley, who answered over 500 questions on 24 topics, including scope, valuation, registration, […]
The Kerala govt is yet to ratify the GST ACT and the CPI(M)-led LDF government, state Finance Minister T M Thomas Isaac has protested against the procedures that are being adopted by the GST council scheduled on September 22 and 23.
Goods and Service Tax rate have been in very much disguise as there is no exact point on which both state and central government can conclude up. The committee formed by the powered officials which comprised state and central government genre will be looking into the matter.
Goods and Service Tax proceedings have been completed up to 60 percent in its structure, which is habited to implement on next April, but there is some major concern regarding GSTN among the government officials including IRS officers who have given a different sign towards the step which GST council might take.
Mobile phone manufacturers have appealed the finance ministry to continue the differential duty structure and the benefits from it. The phone makers fear about the casualty caused after the implementation of the GST in April 2017.
The GST council will be playing a very significant role in the implementation of the new taxation regime across the country. While carrying important aspects, the council will be responsible for all the major decisions and roll out regarding the taxation structure.