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FMCG companies, including ITC, Dabur, HUL and Marico, today said they have cut prices of various products to pass on the benefits of GST rate reduction to end-consumers.
As many as 43.67 lakh businesses have filed the initial GSTR-3B returns for the month of October -- the highest monthly return filing within due date, GST Network said today.
The Madhya Pradesh Government said it would decide on bringing petroleum products under the Goods and Services Tax after considering its impact on the reveune.
Though the Centre has reduced the Goods and Service Tax (GST) rates from 18 or 12 to five per cent, food prices in city’s restaurants have not declined.
A team of officers from the state GST Department detained three Rajasthan natives at Amaravila check post and seized 14.5 kg of gold ornaments, worth `4.80 crore from them on Monday.
CBEC Chairperson Vanaja Sarna has written to FMCG companies asking them to immediately revise MRP on all products in line with the latest reduction in GST rates.
Mumbai ranks 12th in the list of preferred investment destination for 2018--massively down from the second rank last year, and it stands at the 8th slot in terms of development prospects.
The already high marriage expenses in the State hit the roof due to the GST imposed on various wedding services like hall booking, tent booking, confectionery services, photography and many more.
Passenger vehicle exports from India have run into GST speed breaker as manufacturers have been unable to file claims since July and pending sum has crossed over Rs 1,000 crore.
20 judges from 12 high courts brainstormed with experts and top government officials on identifying grey areas in the new regime that may throw up litigations in coming days.
A Delhi court today completed recording evidence in a case against gangster Abu Salem for allegedly demanding Rs 5 crore as protection money from a Delhi-based businessman in 2002.
GST Network will launch a facility for businesses to make changes to their August and September GSTR-3B return forms beginning November 20.
Moody's upgraded India's sovereign rating to Baa2 from its lowest investment grade of Baa after a gap of 13 years.
Hitting out at the Centre over demonetisation, Congress MP Shashi Tharoor has said that telling the people that they cannot have access to the money in their accounts was nanny-ism.
Arvind Subramanian said while the enhancement of India’s rating by Moody was a welcome move; it was “long overdue”.