NATHEALTH Suggests 5 Percent GST Rate For Healthcare Supply Chain
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...
View ArticleGST Could Result in 25 Percent Price Hike For Smartphones
People across the country may have to spend more for smartphones from the upcoming financial year due to having additional duty proposed in the new budget. The prices of the handset are expected to be...
View ArticleGJF Demands to Lock GST on Jewels at 1.25 Percent
In an official meeting with Telangana Finance Minister Etela Rajender, the delegates of All India Gems & Jewellery Trade Federation (GJF), demanded that Goods and Services Tax (GST) on jewels...
View ArticleJewellers Seek GST Exemption for Small and Medium Diamond Processors
In order to avoid the risk of various taxation under the GST regime, diamond jewellers are seeking exemption from levies on diamond processing. The post Jewellers Seek GST Exemption for Small and...
View ArticleGovernment Want Businesses to Self-register for GST
The government has urged the businesses to register themselves online for GST instead of seeking external agencies or third party services after the GST registration expiry on April 30. The post...
View ArticleGST Software Beta Goes Live for Testing in Rajasthan from May 1
Rajasthan soon will get the real feel of Goods and Service Tax (GST), as a beta launch of the software has been announced from May 1. For this, a simulation centre has also been developed in Jaipur...
View ArticleNo Surprises in GST Rate Taxation, Arun Jaitley Promises
According to the media sources, today Finance Minister Arun Jaitley has promised that not to spring any surprises in fixing the taxation rates under the execution of new GST law, and also said that...
View ArticleBasic Concept of GSP and ASP Along with Role in GSTN
The upcoming Goods and services tax will be running on IT platform and the supportive tools like GST Suvidha Provider (GSP) and Application Service providers (ASP) will be the significant players in...
View ArticleLive GST Updates: Education Healthcare Out of GST, Other Services Affected
GST Service tax rates are also into the pipeline and slowly they are coming into the announcement. The GST council has finalized the service tax rates on the 2nd day of its 14th meeting at Srinagar. It...
View ArticleGST: Business Units can claim Refund at Tax-Free Zones in India
India is making full efforts on implementing indirect taxation structure system. It is similar to State Good and Service Tax (SGST). Tax-free zones are some specific areas in which business enterprises...
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