THIRUVANANTHAPURAM: A state-wide raid by the Goods and Services Tax (GST) department on different businesses unearthed turnover suppression roughly estimated at about Rs 300 crore.
Traders body CAIT on Thursday urged the government to lower GST rates on various products, including auto parts and aluminium utensils.
Rajeev Dimri and Siddharth Tandon : The implementation of the Goods and Services Tax (GST) has indeed been a journey marked by its own ebbs and flows. Lawmakers have been incessantly trying to make suitable amendments to the GST law based on feedback from the industry.
Union Minister Harsimrat Kaur Badal said on Thursday that the Centre has released Rs 57 lakh as refund on the GST charged on raw materials used to prepare food at 'langars' in gurdwaras, including the Golden Temple.
New Delhi, June 13 (KNN) To bring fiscal reforms to check liquidity crisis faced by the Micro Small and Medium Enterprises (MSMEs), the Federation of Indian Micro and Small & Medium Enterprises (FISME) has suggested numerous measures to Finance Minister Nirmala Sitharaman for incorporating in the Union Budget to be presented next month.
NEW DELHI, June 13: Listing expectations from upcoming Union Budget, Trade Promotion Council of India (TPCI) here on Thursday said the government needs to address liquidity and manufacturing constraints by increasing the lending cap of the Nationalised banks for credit financing and ensure adequate liquidity.