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Walmart, a retail giant hailing from America and operating in India has released in its statement the upcoming GST regime will be blessing the retail chain with a bunch of profits and other benefits in the loop. The goods and service tax is about to roll out in few days with a nationwide impact over business units.
The central government has been trying every sort of relaxations for the trader’s community, whether offline or online. This time merchants and all those traders which are selling the goods and services through the online portal are now on the track to cover up their business while also staging themselves to be under the GST as soon as possible.
Navin Kumar the chairperson of GST Network assured that the IT platform will be available for the full usage from July 15 and the stabilization will only come after 3 to 4 months after the roll of GST. Some of the questions were raised in front of him which was answered in his own way
In a free- wheeling round table meeting Top 21 World’s CEO along with US President Donald Trump on Monday, Modi said, India’s growth presents a win-win partnership for both India and the US.
The registrations are again up for the taxpayer’s community who had missed the previous timelines but this time with a more tight area for the process. The GST network is open for the assessees to register within the GST with less than a week away from the ultimate roll out.
The new compliance and rules of Goods and Service Tax (GST) regime will be restricting small vendors and restaurants from the selling online due to issues of TCS.
The central Government bodies of the country are currently working with exporters and importers to prepare them for the upcoming Goods and Service Tax (GST), which is going to be implemented from 1 July 2017 in India.
There are just eight days remaining in the implementation of GST in India, but the oppose for it has still not stopped. Over 70,000 textile shops in more than 165 textile markets in Surat has reportedly been closed for five days from June 24 to 30.
DHL, the logistic services providing company has reportedly planned to invest USD 10 crore in upcoming years in India. Presently, the German logistics company is preparing itself for the upcoming GST along with its customers in India. Notably, the GST is going to be implemented by 1 July 2017.
