GST will impacts on FMCG firms, The new Goods and Services Tax (GST) regime will bring several benefits of the economy, and could particularly valise (FMCG) the fast-moving consumer goods industry Apart from driving supply chain inefficiencies, bringing untaxed players into the tax net—a large section of the industry still operates in the unorganized segment— will level the playing field for the larger, established players in the industry. TheRead more
GST make homes expensive after 1 July 2017 under-construction projects will attract a goods and services tax (GST) rate of 12%. Amid all the hullabaloo over the unified tax regime in the country, speculation is the ride on would it be lead to a hike in property prices? Taxes are being rationalized which will lead to the increased transparency. There will be more clarity post and GST in termsRead more
GST GET REGISTERED FOR GST Under GST laws, entities supplying taxable product and services need to be registered all the states from which these will be supplied. The entity already registered in a state under existing law should be migrated to GST regime. Unregistered entities will have get registered in specific states from which supplies are made. The window for this is likely to open from June 25 for monthRead more