Simple Move - MRP Price Must Include GST To Avoid Overcharging...
Photo: Business Today

Simple Move – MRP Price Must Include GST To Avoid Overcharging…

With consumer complaining that some businesses, shops, malls, restaurants adding GST to the MRP and jacking up the price (some real confusion but some fleecing the consumer), government is taking confusion out of this. For example, some shops were adding GST to purchase and some were not. Now for all products the maximum retail price (or MRP) must include GST. With GST and its country-wide uniform… Read More

  • http://www.businesstoday.in/top-story/gst-council-to-make-it-mandatory-for-restaurants-malls-shopping-outlets-to-ensure-mrp-includes-taxes/story/262910.html
  • 2 Nov 2017
  • WerIndia
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18% GST On Dog & Cat Food, But Only 0-5% On Indian Sweets...
Photo: DNA India

18% GST On Dog & Cat Food, But Only 0-5% On Indian Sweets…

After GST went live nationwide starting 1st July, GST tax rates are being clarified. So is may come as a relief to some that GST on most of Indian sweets - Khoya, Sandesh, Gulab Jamun, etc. will be at only 5%, on Rakhi - 0% (Thankfully!) but on Dog, Cat or other pet food a sizable 18%. Sorry pet owners, it got a little expensive for… Read More

  • http://www.dnaindia.com/business/report-sandesh-to-attract-5-gst-18-on-dog-food-2520751
  • 6 Aug 2017
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TOLL BOOTHS REMOVED IN 22 STATES DUE TO GST... MORE STATES TO REMOVE
Photo: Business Today

TOLL BOOTHS REMOVED IN 22 STATES DUE TO GST… MORE STATES TO REMOVE

With the GST roll out, 22 states have removed the notorious checkposts and others states are planning to do the same. We all know about these checkposts as we leave and enter a new state by bus or car, there are lines of trucks with full loads waiting to cross. These checkposts are famous for bribes and cause for great frustration to truckers and the… Read More

  • http://www.businesstoday.in/current/economy-politics/gst-22-states-abolish-border-check-posts-ahead-of-e-way-rollout/story/255724.html
  • 5 Jul 2017
  • WerIndia
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Govt's Currency & Financial Plan All Makes Sense
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Government’s Currency & Financial Plan All Makes Sense

The Indian government has sown the seeds to reduce corruption and pursue financial reforms in a big way - the latest move to remove Rs. 500 and Rs. 1000 notes is the latest step in that plan. One has to only connect the dots of the government's plans and actions and it all makes sense. First was the Jan Dhan Yojana which led to over… Read More

  • http://www.dnaindia.com/money/column-currexit-indeed-makes-sense-now-2272189
  • 13 Nov 2016
  • WerIndia
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