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The Federation of Indian Chambers of Commerce and Industry (Ficci) recently commented on the conditions of goods and services tax in the logistics sector as it considered it to be positive for the industry but various other issues have covered up all the better points of
There is always a doubt as to how a taxpayer can withdraw its remaining tax balance left with the government in case he chooses to cancel its GST registration.
The Finance Budget 2018 gave little relief to the high expectations of the secondary metal producers. On Monday a representative group met senior officials in the Ministry of Finance to address grievances.
According to critics, GST is badly implemented tax as it is fighting against constant changes in rates and returns. But is it a truth or reality is different or just a self-flagellation from some groups?
The GST council is trying to simplify the rules of the new tax regime for the taxpayers. While the queries related to the GST recorded by the National Consumer Helpline indicates that the consumers and the general public were facing problems in GST.
In the recent communication held with DataWind, a mobile device manufacturing company stated that the tablet PCs are now going expensive due to the higher tax rates of 12 percent and 18 percent.
The technical issues of GST Network (GSTN) coupled with errors in invoice matching have brought in criticism from all corners.
Contractors who accumulate royalty collection will charge royalty along with 18% GST from the truck owners who are loaded with limestone in the truck from 8 January 2018. This recovery will be based on unpaid revenue.
In the name of GST, the renowned 40 leading pharmaceutical companies in the country have not only looted the government within five months of GST implementation but also have not deposited tax to the treasury of the government.
