GST (Goods & Services Tax) Related Discussions

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Economic Survey: 'No evidence' to support government's positive outlook, says Chidambaram.

  • Although the survey claims that the growth rate for 2017-18 will be 6.75%, it offers little evidence in support of this claim: Chidambaram
  • The future course of the economy is conditional on many ifs... The outlook is therefore uncertain, if not bleak: Chidambaram
Economic Survey: 'No evidence' to support government's positive outlook, says Chidambaram - Times of India via

During Chidambaram tenure, his Survey was having evidence ???
 
Here’s a list of products/services that will get cheaper/costlier:

The following is a list of products/services that will turn costlier:

* Footwear
* Vegetable, fruit juices, including orange and cranberry
* Sunglasses
* Miscellaneous food preparations other than soya protein
* Perfumes and toilet waters
* Coloured gemstones
* Diamonds
* Imitation jewelry
* Smart watches/wearable devices
* LCD/ LED TV panels
* Cars and motorcycles
* Mobile phones
* Silver
* Gold
* Sunscreen, suntan, manicure, pedicure preparations
* Preparations for oral dental hygiene, denture fixative pastes and powders; dental floss
* Pre-shave, shaving or after-shave preparations,
* Deodorants, bath preparations, depilatories, perfumery
* Scent sprays and similar toilet sprays
* Truck and Bus radial tyres
* Silk Fabrics
* Furniture
* Mattresses
* Lamps
* Wrist watches, pocket watches, clocks
* Tricycles, scooters, pedal cars, wheeled toys, dolls’ carriages, dolls, toys, puzzles of all kinds
* Video game consoles
* Articles and equipment for sports or outdoor games, swimming pools and paddling pools
* Cigarette and other lighters, candles
* Kites
* Edible/vegetable oils such as olive oil, groundnut oil

The following is a list of products/services that will turn cheaper:

* Raw cashew nuts
* Raw materials, parts or accessories used in making cochlear implants
* Solar tempered glass or solar tempered glass used for manufacture solar panels/modules
* Select capital goods and electronics such as ball screws and linear motion guides.

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Pankaj Mohindroo, the President of Indian Cellular Association (ICA) National President said that this will be the “last nail in the coffin” of imports. “We are reaching a situation where imports would be nearly impossible,” Mohindroo added.

Union Budget 2018: Cigarette, Gold, Mobile gets costlier, cashew nuts get cheaper; check full list here

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I personally would be too happy if India can become self sufficient with little or no imports but without making India self sufficient and still importing even common goods like Edible/vegetable oils we are just making common basic commodities costlier.
 
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Corrupt burocract is more dengerous than corrupt politicians as these politicians does not have brain.

Here we hv a same case unfortunately here it is an IPS officer superintendent of police, she used to be our CM's best police super during elections
 
FMCG major Hindustan Unilever has agreed to pay Rs 119 crore as penalty to government under anti-profiteering clause of the Goods and Services Tax (GST) after notices were sent for not passing rate-cut benefits to customers.

Last month, Hindustan Unilever had received a notice from the Directorate General of Safeguards (DGS), which had been checking to make sure companies were passing on the benefits of lower levies under the GST regime to consumers.

Read more at:
Hindustan Unilever agrees to pay Rs 119 crore fine for not passing on GST rate cuts to customers
 
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