GST

The incidence of 28 per cent tax on watches under the GST regime is one of the highest in the world that could increase the risk of smuggling, Tata group firm Titan has said in a quarterly update. "At 28...

Snapdeal has announced its platform’s successful transition into the post GST world, culminating months of preparation overhauling all key systems impacted by the taxation system change. This included enhancements across the Snapdeal Seller Panel, taxation system, cataloging system, order...

FMCG major HUL has reduced the prices of some of its detergents and soaps, extending the tax benefits the company has got under the GST regime to consumers. According to a PTI report: The company has slashed the price of...

A day after the Goods and Services Tax (GST) came into practice, Apple on Saturday reduced the retail prices of iPhones, iPads, Macs and Apple Watch models for its consumers in India. The Rs 60,000 Apple iPhone 7 (32GB variant)...

The Goods and Services Tax (GST) will make the textiles industry more competitive and help in exponential growth in the country, leading players in the sector said. According to a PTI report: Industry veterans hailed the new tax regime, to...

FMCG major Dabur said GST will leave a short-term adverse impact on its sales and profits due to destocking at trade channels but the tax reform will be beneficial in the 'medium-to-long run'. According to a PTI report: However, the...

FMCG major Nestlé India said that it will pass on benefits of reduced tax rate under GST on various products such as milk powder to consumers once the new tax regime kicks in. There has been considerable reduction in GST...

Future Retail has resolved the margins issue with almost 80 per cent of its suppliers, including FMCG major HUL, under the new GST regime. According to a PTI report: The companies have agreed to pass on the pre GST margins...

Even as garments above Rs 1,000 per piece will attract a 12 per cent tax rate once the Goods and Services Tax (GST) is rolled out from July 1, shoppers need not fret as, in the long run, there...

India’s leading e-commerce giant, Amazon.in has announced the setting up of 16 ‘GST Cafés’ across 11 cities to help sellers understand the nuances of GST and transition seamlessly through the entire process. In line with Amazon.in’s continuous efforts to...