Search results for: Goods and Services Tax

Goods and Services Tax (GST), the biggest tax reform since Independence came into existence on 1st July in India. Industry experts feel that various sectors or industries will not be benefiting with the new tax regime. Some of the renowned Industry experts reviewed over the implementation of the new regime are mentioned below:-

Musical Instruments will be imposed at 28 percent higher tax rate in the Goods and Services Tax (GST) Regime and the owners of musical stores are protesting for the higher tax rates with confusion.

GST has been played with various rules governed by the state government and can negate the benefits of it. Recently the Automobile industry reduced the prices of two-wheeler and four- wheelers after the implementation of the Goods and Services Tax (GST) Regiment on 1st July

Pawan Goenka, Managing Director of Mahindra & Mahindra (M&M)said on Thursday, For short term, Automobile industry will be benefiting with the new Goods and Services Tax Regime (GST), due to the price reduction and restoration of inventory levels at retail outlets

Delhi University is set to implement the concept of Goods and Services Tax (GST) in the syllabus of all commerce programs. Students who are pursuing commerce degree programs from the Delhi University will now have to learn the concepts of GST similar like Debit and Credit. The commerce students will have to study the GST related topics in their respective programs.

E- commerce giant Snapdeal on Tuesday has announced that its platform successfully implemented new Goods and Services Tax Regime in their system. The new regime will be improving taxation system, order processing, catalogue system, invoicing and ERP systems of Snapdeal

Ever since the goods and services tax was applied throughout the market, it was open for the first time after it on Monday. But still, the traders were in the confusion related to the GST.

After the implementation of Goods and Services Tax Regime about 22- states have terminated to pay border commercial tax at check posts embarking a big step towards which “one nation, one tax, one market”.

Newly launched Goods and Services Tax (GST) Regime is one of the hottest topics for conversations in social media. Within two days of launch, Twitter received nearly 1 million conversations which indicates the sentiments of people towards the nation and the biggest tax reform.