Builders taking complete 12% GST for new flat and not passing input tax credit (ITC) to customers. Govt increased this tax from 5.75% to 12% (double) with bringing the concept of ITC. If the Govt cant ensure the ITC is passed to customer, it should look at simply lowering gst rate and taking away ITC from builders... more
I would like to seek views of the author as to what is the basis of saying that the builder has not passed on the input tax credit. Have you seen the costing sheet of the builder or not. In my view it require a complete study of the costing sheet or may be the balance sheet and may be only CA of the builder will be able to know the facts as to whether the builder is passing on the benefit of input tax credit or not. more
Govt. What is it ????? - Pocket friend of builder, corporate & etc. & to have fun / parties remembered everyday. Customer remembered once in 5 yrs. more
In Govt we pass certain rules but its implementation is never followed and with the result rules remain on the paper.Govt should ensure that it follows all the rules atleast for one year and catch the culprits and punish severly then only some improvements can be seen.Do'nt wait for the public to complain. more
Once upon a time, PM and his Govt asked people to give up their LPG subsidy. 1.13 crore people, mostly middle class, gave up that subsidy voluntarily. It is not that middle class does not want to h...
For 1 Kg Ghee, you need 20 Kg of buffalo milk or 30 Kg of cow's milk ! To make Ghee, milk alone will cost at least Rs 1200 Not to forget fuel, labor, & other overheads ! N...
With whatever new Government we have, can we brainstorm and then LC manager make a citizens submission to the Govt on how all these GST rate anomalies needs to be corrected. 18% GST on ...
The Govt needs to review seriously why a wedding in a 5 star or good hotel costs 2 or 3 times the cost in Thailand or Sri Lanka etc in a better hotel or resort . A normal room costing 12000/night b...
Schools are supposed to be trusts but they are profiteering in India. 1 lakh a quarter for fee or 4 lakhs a year in good private schools. Just a decade back it used be 1.2 lakhs a year in fee. Will...
It's very true! The glaring example is the garment industry, besides similar others. They fix the price themselves, and God knows! who has checked their costing to arrive at it. They show a higher ...
Kinnow farmers in Punjab get only Rs 10 per kg for their harvest. Retailers are charging 50 per kg. Why are the so called ecommerce platforms not interjecting themselves in this network ...
Serious shame on airlines. They profiteer to the moon by charging for everything and unlimited fares for last minute travels. Now they say Your flights to cost more as fliers to shoulder...
By Garima Sharma
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