GST Ready India

GST Ready India’s Latest News and Updates

  • 27 Apr
    GST India News

    With GST launch, race against time to avoid sales tax upheaval across India India is scrambling to finalize technology to process as many as 3.5 billion invoices each month as it moves to roll out the landmark goods and services tax (GST) from 1 July. The success of one of the world’s largest and most

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  • 26 Apr
    GST Law

    All industrial sectors are heavily dependent upon Job-working, it is so massive in the term of transaction that it is itself constitute a separate industry and all laws are required to be framed in accordance with the requirement of this sector. The principal usually sends the raw material or semi-finished goods or components which are

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  • 26 Apr
    GST Rate in India

    Govt may not announce GST rates immediately for fear of market manipulation, hoarding The government is unlikely to announce the tax rates for various commodities under GST any time soon as it fears an early announcement could give rise to market distortions and hoarding. Sources privy to the development told the Financial Express the rates

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  • 25 Apr
    GST Implementation in India

    The challenge is intimidating when an economy of more than 1 billion consumers and 9 million businesses - all functioning beneath an umbrella of taxes, esoteric regulations and rival political ambitions, is converted into an integrated common market. But that’s the goal as India gets ready to roll out a goods and services tax (GST)

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  • 25 Apr
    GST Rate in India

    India's GST challenge makes Donald Trump's tax overhaul look easy The challenge is daunting: Convert an economy of more than 1 billion consumers, 29 states, 22 official languages, 9 million businesses all operating under a spider’s web of taxes, arcane regulations and competing political ambitions into a unified common market. But that’s the goal as

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  • 21 Apr
    GST India

    Record of goods lost, stolen, gifts to be maintained in GST A record of goods lost, stolen or destroyed as well as those given as free sample and gifts will have to be maintained under the new goods and services tax regime, which kicks in from July 1. Also, each volume of books of account

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  • 20 Apr
    Impacts of GST

    GST to be a Growth Booster for India After Demonetisation Drag India continues to be a bright spot for global investors, who are looking forward to the goods and services tax regime after the demonetisation shocker. Talking about the latest World Economic Outlook, Gian Maria Milesi-Ferretti, deputy director of research department at IMF tells News18’s

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  • 19 Apr
    GST Rollout in India

    GST rollout: Are MSMEs ready? The much-awaited Goods and Service Tax (GST) Bill will soon be a reality. The central government is taking every possible effort to rollout the new tax regime by July 1, 2017. The tax officials of the central and state governments will this week hold their maiden meeting on devising a

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  • 18 Apr
    GST Implementation

    Relief to consumers, under GST, tax rates for most goods to fall The Goods and Services Tax (GST) Council’s resolve to minimise rate shocks will result in reduction in the nominal tax rates for a vast majority of goods. Half of the items in the Consumer Price Index (CPI) basket will be exempt from GST

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