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A reform at risk - The Hindu

Finance Minister Arun Jaitley is keeping his fingers crossed about sticking to the April 1, 2017 target to implement the Goods and Services Tax regime. The GST Council he heads meets again on December 11-12 to try to reach a consensus on three pieces ...and more »

Issue of dual control in GST should not be an ego battle: Manish Sisodia - Hindu Business Line

The shadows of demonetisation could loom large over the next meeting of the GST Council. “We will want this issue to be addressed at the next meeting,” said Manish Sisodia, Deputy Chief Minister of Delhi. Sisodia, who also holds the portfolio of ...and more »

GST Council may reduce tax slabs in future: CBEC chief Najib Shah - The Indian Express

Currently VAT and excise duty on commodities ranges from 6 per cent to 300 per cent on sin goods. 128. Shares. Share. By: PTI | New Delhi | Published: December 8, 2016 6:33 pm. New Delhi: Chairman, CBEC Najib Shah (PTI Photo). Related News. No GST on ...and more »

GST Jitters: Chemists' Body Advises Members To Destock Ahead Of April 1 - BloombergQuint

Druggists and chemists across the country have been advised by their industry body, All India Organisation of Drugs and Chemists (AIOCD), to return excess stock purchased prior to September 30, 2016 and destock by March 31, 2017. This is the excess ...and more »

Exercise of putting goods in GST slabs has begun: CBEC - Business Standard (press release) (blog)

We have started the exercise of putting goods into various tax slabs. It will be shared with the (GST) Council, said Shah. IANS | New Delhi Last Updated at December 8, 2016 16:18 IST. Tiny URL Add to My Page Print Email. AddThis Sharing Buttons. Share ...and more »

GST facilitation outlets in 8 districts - Eastern Mirror

Dimapur, Dec. 8: To enable easy registration of Goods and Services Tax (GST) for the business community in Nagaland, the department of Taxes has set up facilitation centres in all its offices in 8 districts of the state to assist dealers for enrolling ...and more »

While some changes are welcome in the new GST law, others are not - Economic Times (blog)

The revised draft of the Goods and Services Tax (GST) Bill has several provisions that seek to clarify and improve upon an earlier version, but there are a few questionable moves too, which surely need to be dropped. For instance, the new anti ...and more »

GST rate structure may be reviewed in face of demonetisation, says Chairman CBEC - Daily News & Analysis

Ruling out a single rate for the Goods and Services Tax (GST), Chairman of the Central Board of Excise and Customs Najeeb Shah said at an Assocham event that the GST rate structure may be reviewed in wake of demonetization even as he asserted that the ...and more »

Cut the clutter - Hindu Business Line

It is clear that we are headed for taxing times in the years to come. The demonetisation dialogue is increasingly moving towards the conclusion that it has become a monetisation opportunity for the tax department. It seems the tax department is angry ...and more »