Because it is a new system for everybody… There has been a complete overhauling of tax system in GST so one year is needed.”
Concept of GST is not new to the world as nearly 160 countries up till now, have opted this mode for bringing individually tax rates into a single tax.
Air-conditioned restaurants currently charge 18 per cent GST and non-air-conditioned ones charge 12 per cent GST.
Ambassador Samake explained that the GST situation needed urgent remedial measures from the Ministry of Finance and the MEA.
In its India section of the report, the Bank said one-time policy events disruptions from demonetisation and uncertainty surrounding GST slowed India’s economic momentum.
The GST Council may reduce the number of products in the highest slab, following a series of complaints by state finance ministers.
Seeking admission to universities has become costlier because of the GST, with most public and private varsities charging 18 per cent GST on the price of their application forms.
There has been a debate as to whether the aspect of ‘ease of doing business’, an important objective of GST, got the attention it deserved.
Prime Minister Narendra Modi had asked the GST Council to review all the problems arising from the new indirect tax regime.
Salient Features of relief measures announced after 22nd GST Council Meeting held on 6th October 2017
Acting on feedback and complaints from businesses. The review comes amid criticism over the way GST has been implemented.
former Union Minister Arun Shourie has likened demonetisation with suicide, saying the latter is too “a bold step”.
जीएसटी लागू होने के बाद के दो महीनों के प्रदर्शन पर जारी हुए आंकड़ों में उत्तर प्रदेश ने देश के बड़े विकसित राज्यों से भी ज्यादा बेहतर प्रदर्शन किया है.
Deduction of Tax at Source (TDS) by Drawing and Disbursing Officers (DDOs) under GST regime – Finance Ministry OM and Gazette Notification
रावण के पुतलों का बाजार भी इस बार माल एवं सेवा कर (GST) की मार से बच नहीं पाया है. पुतला बनाने में काम आने वाली तमाम सामग्रियों के दाम बढ़ चुके हैं,