Some one in the group has given the calculation of increase of House Hold cost by Rs.200 to 400 only. But since 2 months my Monthly expense has bloated by Rs. 2000/- per month. GST either is being used to exploit consumers by the Vendors or Govt. or both. more
Mr. Sulaimani, Have you noticed the medicine price? I went to buy my monthly medicines and observed that the GST rate of percentage differs from one medicine to other. Before GST my monthly medicine cost was around Rs.2000/- now it has gone up to 2400/- to 2600/- for the same medicines. Then what is the benefit we are getting after GST. more
now medicine pepole are taking gst on pur as refund intially no refund so go tomedical person are takig refund on purchase good gst. because you are not awaree sso enjoy more prr go else where to buy more
I do not know why the author was under the illusion of price reduction due to GST or the insignificant increase in the expenses. Yes the car prices have gone down significantly and the car on an average is purchased by an ordinary citizen in the middle income group once in a decade or so. If the motto of the GST was price reduction, then the petrol, gas and alcoholic products should also have been brought into its net. I have also failed to understand why we are expecting price reduction when the rates have gone up. The only misleading factor is the input tax credit which was also available in the VAT regime. more
Dear Ammar Sulaiman Your bills gone up by Rs.2000 as against expected Rs.400 depends on the items that you purchased prior to post GST, the increase in base price due to factors beyond GST( example price of vegetable gone up due to flood or other issues) ,whether the pre and post estimates considered hotel food etc.So need more info on your pre GST purchase bills /items and its piost GST bills to analyse and reply. more
Instead of keeping the GST good and simple tax as envisaged by PM Modiji, the Babus in Ministry of Finance left a loop hole of ÏNPUT TAX CREDIT" (ITC) for corruption. As per government ITC is ...
This is an Appeal to Government. Sir request you to kindly exempt Senior Citizens owners of flats in Cooperative housing Societies from 18% GST on their monthly contribution towards common ex...
Headlines in Times of India today: “Nearly 25% of 69K suspected GST a/c fake” Vanished after availing benefits of almost Rs.15K Crores, reveals Special Drive of CBIC. We ...
Report in Business Standard March 2018 India has the highest standard GST rate in Asia, and second highest in the world after Chile The Indian Goods and Services Tax (GST) system is among...
A housing society is not an industry, the Bombay high court has ruled. Justice Suresh Gupte, in an order, quashed a labour court's order asking a housing society in Mumbai to reinstate a watchman w...
Confederation of All India Traders (CAIT) has said in a press release that Much against the declared spirit of GST as Good & Simple Tax, the GST has become a ‘colonial taxation system&rdq...
A housing society is not an industry, the Bombay high court has ruled. Justice Suresh Gupte, in an order, quashed a labour court's order asking a housing society in Mumbai to reinstate a watchman w...
Attached please find a Press Note Visakhapatnam GST Intelligence arrests CA for major GST fraud. The provision of Input Tax Credit is being used for GST fraud. The Finance Ministry and G...
Section 2(17) of the CGST Act: ““business” includes– (e) provision by a club, association, society, or any such body (for a subscription or any other consideration...
Headlines in Times of India in 2020 • 3 bizmen pull off Rs 2,300 crore GST fraud with fake invoices, held in Mumbai • State GST Ludhiana arrests three for claiming forged ...
Times of India, November 12, 2020 Rs.400 Crore GST Fraud, 4 held Times of India, November 13, 2020 2 Directors of Pvt Firms arrested in Rs.520 Crore GST Fraud Investigators foun...
By MOHIT PANDE
/
Share
Sign Petition
Enter your email and mobile number and we will send you the instructions