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With the reduced GST rates, the paint industry is about to witness a growth between 10% to 15% in FY 2018-19, as compared to 9% growth in the FY 2017-18. This is due to lowered GST rates by 10 percentage points, as mentioned by an official.

Soon the Special Economic Zones Rules 2006, to comply with goods and services tax compliance after the much conclusive 28th GST council meeting.

The GSTN portal is currently going under discussion to bring a very easy GST to return filing solution based on common SMS facility which will further ensure ease in GST returns filing procedure.

The Confederation of Indian textile industry chairperson stated that the factors such as an increase in import taxes on textiles and reduction of GST rates on synthetic clothes will surely boost the domestic cloths industry.

The home minister Rajnath Singh has assured that the central government is still open to consider any GST rate reduction in the view of recent 28th GST council meeting decisions.

In the 28th GST council meeting, it was finally decided to waive off the GST on sanitary pads and now they will not be taxed under the GST. But one must not be confused with the actual impact on the sanitary pad.

Amazon and other e-commerce websites may get tax department audit soon, as the reports state that the government wants to ascertain the GST rate cut benefits being given to the consumers.

Infosys is now geared up to release a new GSTR filing form in order to simplify the IT return form for the business units as ordered by the GSTN Group of Ministers (GoM).

In a latest bid to secure a lower tax rate on cement, the UP cement traders are now protesting against the higher GST slab rate i.e. 28 percent on cement against the earlier 18 percent sales tax.