Experts said the rate hike would improve working capital position of the manufactures as it would correct the inverted duty structure but may lead to increase in price of the finished goods.......
One of the grey areas is whether the anti-profiteering provisions can provide for a comparison of tax rates between the pre-GST and post-GST eras, says Niraj Bagri. Ilustration: Dominic......
Top firms get GST notices on credit claims on Friday; replies sought within hours. Goods and services tax officers sent notices to hundreds of companies across Gurugram, Mumbai and Bengaluru on......
It is after the GST Network tallies invoice details with shipping bills that the refund claims can be processed. So, the refund could be delayed by over a month. In a huge relief to trade and......
'While the GST is structured to be an all-encompassing tax and to create a vastly expanded digital network of recorded transactions, no one knows how traders long used to avoiding taxes will apply......