Search results for: GST benefits

The Healthcare Federation of India (NATHEALTH) has suggested a 5% GST rate on the healthcare supply chain like medical equipment supply to hospitals. Presuming that the GST rate on the sale of diagnostic services by the hospitals to the patients will likely to be kept exempted from the indirect taxes.

A senior official said that the Goods and services tax will benefit the warehousing sector with ongoing taxation issues in logistics and transportation expected to be sorted out.

The GST is going long, on all the parameter to showcase its importance and here on 26 January parade also saw its light glimpse, as a magnificent and knowledge offering tableau was given space on the Rajpath to give an insight upon the upcoming taxation regime which has believed to be potent of transforming India into a better nation.

An ASSOCHAM-TechSci Research paper stated that the medicinal services division taking into account the neglected needs of the general public ought to be kept out of the domain of the Goods and Services Tax (GST) or else restorative care would get to be distinctly costly and unreasonably expensive for the regular people.

The power generation has taken a good shift towards the natural sources and in which the solar energy is taken atop over various other methods, now the GST is coming on the way and there are many doubts regarding its impact on the power sector

Goods and service tax is already exciting many of the dealers to implement the changes it will come with by, still, the many industrial bodies are expecting the growth to be substantial and a positive one. The GST migration of the VAT dealers has carried away on the full-fledged manner and hopefully, seems to get finished by the end of this month. Retailers have looked for early execution of the Goods and Services Tax administration will be a distinct advantage for nation’s retail division.

Goods and service tax implementation is being speculated with many professional eyes and in this attempt, Nomura, Japanese financial service provider and a mogul in its field served its clever statistics over the Indian economical inflation and its overall impact along with its growth rate.

Despite the fact that the intensity over demonetization is a major consideration still the Opposition response to GST and the way that it must be put off from the first implementation date of April 1, the partition over dual control has been a concerned issue from the earliest starting point.