Snapdeal helping its sellers with GST formalities
Snapdeal is reportedly helping its sellers in getting GSTIN number and signatures needed to operate after GST implementation from July 1st.
Complete coverage of Goods & Services tax including GST rates, exemptions, rate list, filing procedure and implementation schedule. Check out now.
Snapdeal is reportedly helping its sellers in getting GSTIN number and signatures needed to operate after GST implementation from July 1st.
Cabinet Secratary PK Sinha has advised all the ministries to set up GST cells to address the basic issues faced by the general public and industry bodies.
Religious items including chandan tika, diya batti, Khadau, rudraksh, sacred threads have been exempted from GST. Check the article for full list.
This article shows the declared GST rates on all categories of clothing, apparel and fiber. Majority of the clothing under ₹1000 will have 5% GST rate.
Mamata Banerjee has stated that Bengal Government will not implement GST in its current format.
GST Council will hold its 15th meeting in New Delhi starting June 3rd to finalise the rates on goods and services that remained in the last meeting.
In an interview, CM of Gujarat says that congress has become a matter of joke in Gujarat, as it is confident about defeating BJP in the upcoming elections.
Ministry of Finance has clarified that under GST, entertainment will attract lower rate of tax than the present rate. This will abolish entertainment tax levied by States.
Recent data suggest that consumers take increased tax rates at their own pace, therefore, with the increase in tax rates, consumption will not be affected.
The inflation is likely to fall by 2% with the implementation of GST, says Revenue Secretary Hasmukh Adhia. This brings in optimism in the traders as well as consumers.