GST impact - Prices of bicycle and drinking water up

GST has been implemented from 1st July throughout the country. As expected, it has affected the prices of several items. In Chennai, bicycles are sold at prices ranging from Rs. 4500 to Rs. 20000.

Posted On : 04/Jul/2017 10:12:39 AM

View More & Comment (5124)

Cloud-based GST accounting software launched for SMEs

In order to help the small and micro industries to file GST returns, a new cloud-based GST accounting Ledgers software has been launched. GST is in effect from 1st July throughout the country.

Posted On : 03/Jul/2017 4:36:20 PM

View More & Comment (9127)

GST Impact - Food items prices up in Express trains and Railway Stations

The prices of the food items served in the Railway Stations and Express trains have gone up as an impact of GST implementation. GST is effective from 1st July as a means of uniform taxation throughout the country.

Posted On : 03/Jul/2017 4:01:38 PM

View More & Comment (4031)

Why is GST divided into 2 categories - CGST and SGST?

GST - Goods and Services Tax has come into effect from 1st July throughout the country. Earlier, a variety of taxes Kalal Tax, the Customs Tax, Value Added Tax, and Service taxes were being collected.

Posted On : 03/Jul/2017 3:02:09 PM

View More & Comment (8161)

Prices of Multistorey flats / apartments likely to reduce after GST

As GST has come into effect, there is a situation where the people interested in buying recently built and ready-to-occupy multistorey flats / apartments have to spend more.

Posted On : 03/Jul/2017 2:42:15 PM

View More & Comment (5737)

10% Basic customs duty on mobile phones

With effect from 01.07.2017, the Government has imposed 10% basic customs duty (BCD) on mobile phones and specified parts of mobile phones like charger, battery, wire headset, Microphone and Receiver,

Posted On : 03/Jul/2017 11:36:34 AM

View More & Comment (4405)

LPG cooking gas cylinder price up after GST

GST has been implemented right at midnight on the date of 1st July. The price of the LPG cooking gas cylinder goes up from this month. As it comes under the 5% GST slab, the 14 kg normal LPG cooking gas cylinder will now cost Rs. 574.50.

Posted On : 03/Jul/2017 11:29:12 AM

View More & Comment (10080)

Excel Template for filing GST details introduced

In order to facilitate the entering of sales Data as required for the GST filing, GST Network has introduced an exclusive GST template.

Posted On : 03/Jul/2017 11:04:04 AM

View More & Comment (4140)