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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

New Delhi, December 9. 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 ...and more »

GST Council may reduce tax slabs in future: CBEC chief Najib Shah - Economic Times

NEW DELHI: The GST Council may in future decide to reduce the tax slabs under the Goods and Services Tax regime after analysing the revenue garnered and the compensation payouts to states, a top official said today. With industry demanding lowering of ...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 »

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 »

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

Confident of the rollout of Goods and Services Tax from April 1, 2017, despite a logjam in the Council on the issue of dual control, the Central Board of Excise and Customs (CBEC) on Thursday said it has started the exercise of putting the goods in the ...and more »

GST facilitation outlets in 8 districts - Eastern Mirror

By EMN / December 8, 2016 / Comments Off on GST facilitation outlets in 8 districts. Share Print Email. 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 ...and more »