Tag Archives: GST

High GST rate on ayurvedic items: How can one feel ‘Achchhe Din’, asks Patanjali

Disillusioned over high GST rate on ayurvedic items that give “care and cure to basic man at reasonable value”, Baba Ramdev-drove Patanjali Ayurved has asked the legislature regarding by what means can individuals feel and live ‘Achchhe Din’ without the privilege to great wellbeing.

GST to impact Indian Oil Corporation by Rs 5,000 crore

Indian Oil Corporation (IOC), the country’s biggest fuel retailer, should bear an effect of Rs 5,000 crore by virtue of stranded expenses because of avoidance of five oil based commodities from Goods and Services Tax powerful July 1, an organization official said today.

How the New Tax Rates is going to Impact the Oil and Gas Sector

In what manner will the new expense rates worked out by the GST Council a week ago effect the oil area? The oil and gas industry will be left with stranded expenses, higher blockage of working capital and double consistence under the GST administration successful July 1, charge specialists say.

GST will make domestic companies more competitive: Hasmukh Adhia

Revenue Secretary Hasmukh Adhia is cheerful of a smooth move to the GST administration and says it will help local firms to end up plainly more focused separated from streamlining the tax collection for all business exercises.