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Today, an official said that the GST Council will look after in finalizing the simpler version of GST return filing module that is proposed by Nandan Nilekani on the 26th meeting that will be going to held on March 10th.

A report is prepared by Deloitte Haskins & Sells for the Business Aircraft Operators Association (BAOA) has said that, as the indirect cost on rental service is increased from 15 per cent to 18 percent, it will levy a higher burden of cost to the end customer.

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

India based logistics and courier company DTDC reports a growth in business for its warehousing vertical as an impact of GST.

The union finance minister has clearly stated that the states are not in the favour of including petrol and diesel in the GST ambit due for some unknown reasons.

GST has not only increased the indirect tax base but also revealed the hidden face of Indian economy. GST has opened many folds after analyzing the facts and put shocking data in front of India.

In a mass movement strategy, now most of the reputed FMCG and IT firms are likely to file petitions in the court of Mumbai and Delhi to seek more clarity on the anti-profiteering clause of the GST.

Goods and services tax is now half a year old and still demanding necessary changes to be implemented as soon as possible according to the advisory group of GST which is activated for the vigilance for any differences and demands of GST accordingly.