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GST policy News

14 May 2017

GST cloud hangs over excise mop-up as dealers hold up tight

Excise collections may take a hit as dealers are refraining from purchasing goods from manufacturers as they are not sure about tax credits and rates under GST, which is slated for July 1 launch.

23 Apr 2017

GST to boost growth by 4.2%, make products cheaper: Fed paper

The goods and services tax (GST) can boost India's GDP growth by up to 4.2 per cent -- double the previous estimate -- as lower taxes on manufactured goods will bump up output and make products cheaper, a US Federal Reserve paper said.

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