already we are blocking the working capital by paying the advance GST for all imports, to get back from the market it takes minimum of 5 to 6 months. If further increase all small scale industries ...
Reading in the news that the Government is considering increasing gst rate from 5% to 6% for items in this bracket? Issues - Since the difference is small, will be very difficult to catch profiteer...
Finance Ministry’s attached calculation is showing that due GST every household on average is saving 320 per month. Can everyone please review and share their feedback. Is it more ...
The National Anti-profiteering Authority is investigating Johnson & Johnson Pvt Ltd for not passing on the reduction in goods and services tax on a range of its products to customers, a governm...
Four public sector insurance companies have formed a grouping called GIPSA. GIC was dissolved so that these four insurance companies compete with each other but these companies still continue to op...
Why NAA is not being diligent on how hearings are done and orders are passed. 3 people do the hearing, 4 people sign the order. The Mumbai High Court uses that as basis and stays the NAA order. Sho...
After announcing they wont reduce discount Maruti announces Rs 5k cut in car prices to pass on benefit of reduced corporate taxes but only on select models : Alto, Celerio, ignis & diesel varia...
All auto companies are saying they will not pass benefit of tax cuts to consumer. this is just terrible. Isnt this straight profiteering? Hows this different from govt reducing gst and t...
A uniform GST rate of 12 % will be levied on woven/non-woven polyethylene bags GST council cuts tax rates on job work in diamond industry to 1.5% from 5% In a major boost to gems and jewe...
The attached tells u how much they can. All fmcgs can reduce price between 0.5% -3% Remains to be seen if they profiteer or pass on.
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