Bicycle will attract a GST rate of 12%, but diamonds will attract only 0.25%. At a time when people aren't able to afford petrol & the poor are forced to commute on cycles, the govt charges 12% GST of cycles but the rich can now buy diamonds for 0.25%
This needs to change. Will people raise their voices? more
I believe no one would have any objection, if GST rate is reduced on cycle and its parts. Cycle is used by people from all walks of life. For poor it is the most suitable means of transport and for rich it is an instrument of health. For middle class it is an alternative to motorized transport. If Govt. encourage cycling in the cities, it would not only reduce import bill on petrol, it would make people more healthy & happy with no time to spend in traffic congestions. . more
Everybody minds an increase in costs, Irrespective of Middle Class or Upper Class. We do not mind spending Rs. 1200 on a USELESS Pizza, but complain about rise in Petrol prices, which is anyway beyond our control. Who cares? more
If one start demanding reductions in each and every thing where will the government get the money for free vaccines, development works, defence upgrading etc more
How many people use cycles to commute? Staying in Bangalore I have not seen a single person using a cycle to commute except for a couple of rich people using cycle to reduce their weight and stay fit more
Indian taxation is truly hell, the average Indian gets paid 20x less than average westerner but pays 10x more for essentials like laptops while 50x for cars. This is literally butchering the middle...
According to my husband, Corruption in GST starts from registration itself now. Getting told it's impossible to get it done in Delhi without a bribe. You get a query for more docs with t...
You can get a rate card for everything in gst office Registration 10k Assessment where no tax payable 15 k Refunds 4% This is what a friend is saying. LC Manager must esc...
Nephew had applied for GST cancellation a couple of months back but continues to receive notices from GSTN for failure to file monthly return. His accountant tells him that GST office will not proc...
7 years post the launch of GST I must tell you that most retail services businesses in India still evade it and Govt has failed to do anything. From ac repair fellow to caterers and from...
My cousin’s friend runs a local bakery in Goa. He accepts only CASH. No UPI/CC/Debit Card-- nothing! Logic: if he accepts anything in 'white', he will pay around...
Interesting how poor people and commoners pay GST on pretty much everything they buy from biscuits to namkeen, milk to grocery And rich buys iPhone, Luxury Cars, etc as Business Expenses...
Cut & polished diamonds are charged 1.5% GST. Flour & curd are charged 5% GST. Diamond walas can fund politics but aate dahi doodh walas can’t?? Plea...
The GST Council has recommended 5% GST on dairy items like pre- packed, pre-labeled curd, lassi and butter milk and increasing GST on dairy machinery and milking machines from 12% to 18%. This move...