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- Fri, 16 Nov 2018 10:12:54 GMT

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Post GST, pharma sector grew 6 percent till May-end: Mansukh Mandaviya - Economic Times


Economic Times

Post GST, pharma sector grew 6 percent till May-end: Mansukh Mandaviya
Economic Times
"GST is expected to decrease the manufacturing cost in view of merging of different taxes levied earlier and promote ease of doing business. It will create one single market for all stakeholders with equal chance towards development," Mandaviya said.
Post GST, pharma sector grew 6% till May-end: Mansukh MandaviyaMoneycontrol.com
Impact of GST positive on Pharma Sector: Mansukh MandaviyaBSI bureau (press release)
Pharma sector grew 6% till May-end post GSTZee News
SME Times
all 17 news articles »

- Thu, 15 Nov 2018 11:05:00 GMT

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Rs 1200 Crore Fake GST Invoice Scam Busted in Karnataka - News18


News18

Rs 1200 Crore Fake GST Invoice Scam Busted in Karnataka
News18
The modus operandi involved floating fake companies, issuing fake GST invoices and generating e-way bills with fake vehicle registration details without actually supplying goods. The companies were created with an intent to fraudulently pass on input ...
Bengaluru IT dept busts Rs 1200 crore fake GST invoice scamHindustan Times
GST fake bill scam: Three held for defrauding more than Rs 200 croreThe New Indian Express
Rs 1200 crore GST fraud busted in Bengaluru: Huge modus operandi unearthedOneindia
taxscan.in (press release) -Daijiworld.com
all 7 news articles »

- Thu, 15 Nov 2018 13:09:25 GMT

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GST hampers hotel industry's growth, says InterGlobe CEO - The Hindu BusinessLine


The Hindu BusinessLine

GST hampers hotel industry's growth, says InterGlobe CEO
The Hindu BusinessLine
The rise in cost of construction and negligible Input Tax Credit (ITC) have been the major drawbacks for the Indian hotel industry after the implementation of GST (Goods and Services Tax), according to JB Singh, President and CEO, InterGlobe hotels.

- Thu, 15 Nov 2018 16:41:31 GMT

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Buying car in one city, sending it to another without completing GST formalities could spell trouble - The Hindu BusinessLine


The Hindu BusinessLine

Buying car in one city, sending it to another without completing GST formalities could spell trouble
The Hindu BusinessLine
If you want to buy a car in one city and transfer it to another then ensure that it is done after the e-Way bill and all GST formalities are completed, else there is a possibility that your new car will be seized by the tax authorities and you may end ...

- Thu, 15 Nov 2018 16:05:31 GMT

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GST Bengaluru division busts fake invoice racket - Financial Express


Financial Express

GST Bengaluru division busts fake invoice racket
Financial Express
The Goods and Services Tax (GST) commissionerate of Bengaluru South took three persons in custody for issuing fake tax invoices worth nearly Rs 1,200 crore in turnover which translates into GST evasion of Rs 200 crore, a statement issued by the local ...

- Thu, 15 Nov 2018 21:15:36 GMT

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Fake bill racket: GST consultant behind the scam - The New Indian Express


The New Indian Express

Fake bill racket: GST consultant behind the scam
The New Indian Express
While the accused have allegedly been running the scam for more than ten months, sources in Bengaluru South GST Commissionerate told The New Indian Express that the first red flag was raised around two months ago. An officer of the department had ...

- Fri, 16 Nov 2018 03:03:42 GMT

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Your sugar may soon taste bitter, new cess may push prices up - India Today


India Today

Your sugar may soon taste bitter, new cess may push prices up
India Today
Love sugar? Be prepared: Its taste may turn out to be slightly bitter soon. The central government is mulling over a proposal to introduce a sugar cess, which will be in addition to the 5 per cent Goods and Services Tax (GST). If it goes ahead, it ...

- Thu, 15 Nov 2018 13:49:34 GMT

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Goods can be impounded for lapses under GST, says Kerala High Court - Business Standard


Business Standard

Goods can be impounded for lapses under GST, says Kerala High Court
Business Standard
The court said the vehicle could be impounded for lapses under the GST laws. But, the litigant is free to press for his arguments that it was for personal use through adjudication. However, he will have to prove the car being transported stand exempted ...

- Fri, 16 Nov 2018 00:01:00 GMT

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GST heralds revolution in taxation and fiscal federalism, says Justice KM Joseph - Financial Express


Financial Express

GST heralds revolution in taxation and fiscal federalism, says Justice KM Joseph
Financial Express
Referring to the concepts pertaining to fiscal federalism and collaborative federalism, Justice KM Joseph said, “GST is proclaimed as heralding a revolution in taxation. It was given legal shape by the 101st Amendment Act to the Constitution. It is a ...

- Thu, 15 Nov 2018 05:42:51 GMT

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Calculating GST and TDS - The Hindu


Calculating GST and TDS
The Hindu
I am purchasing a flat from a renowned builder who insists I pay TDS (1%) and GST (12%) with every payment. During the time of booking(token advance) in January 2017, GST was not introduced but the project was started in November 2017. The expected ...

- Fri, 16 Nov 2018 08:50:49 GMT

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Source: Result from Google News on GST