Login / Signup Show Tiles Close

Rajesh Suri

One rate one product must

It is important to fix one rate on one product as GST covers the entire value chain of the product. Taxing various variants of one product on different rates, produced in same factory with similar raw material& labour, does not make sense.

@LocalCircles please escalate this. more  

Viewed by 391
View all 8 comments Below 8 comments
Suresh Bhatia
lET ALL AIR LINES AND RAILWAYS FIX MRP FOR PEAK LOAD PERIODS / DAYS AND CAN DISCOUNT IN LEAN PERIODS IF THEY SO WISH. THEY SHOULD SHEN AWAY EXPLOITATION OF HELPLESS URGENTLY NEEDING. THE SEATS ARE OR NOT AVAILABLE. YES THEY CAN CHARGE EXORBITANTLY IF CREATING ADDITIONAL SEATS OR BY ACCOMMODATING ON THEIR STAFF'S BERTHS/SEATS more  
Ashok Ashok (contributor)
items of mass consumption for middle and lower class need to be lower than high end products which cater only to the rich people who can afford to pay more and who will not buy the basic model since as everyone knows it is below their status to have a say a 165 litre refrigerator than a double door 800 litre which middle class people may not buy it more  
Padam Law
Tomorrow you will say.... why higher Income tax rate for people earning salary of, say, Rs. 50 lakhs for month? Let them pay the same rate of Income Tax as those earning Rs. 40,000/- a month? more  
Padam Law
The idea is to tax more for items of higher cost. Whats wrong in that? If you can afford a Refrigerator costing 1,00,000/- you can as well pay 6% higher Tax. Nothing wrong in that. more  
G. C. Mathur
Yes. One rate, one product in the same region or state is very much possible and workable, and will be easy for tax calculations. more  
View 8 more comment(s)
Post a Comment

Related Posts

    • Corruption in GST

      GST office dont make any gate pass , no security checks . Is this to facilitate people to walk in with cash and gifts for officials. What happens if terrorist gets in .

      By Rajeev Bhargava
      /
    • Taxation is hell

      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...

      By Naina Mittal
      /
    • Corruption in gst

      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...

      By Naina Mittal
      /
    • Is there a GST bribe rate card now

      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...

      By Naina Mittal
      /
    • GST cancellation

      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...

      By Naina Mittal
      /
    • 7 years of GST

      7

      By Sudesh Rai
      /
    • Small Business and cost of compliance

      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...

      By Sudesh Rai
      /
    • Does GST benefit rich

      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...

      By Sudesh Rai
      /
    • Wrong public priorities

      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...

      By Sudesh Rai
      /
    • Why is GST council losing it in a hurry

      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...

      By Rohit Garg
      /
    • GST rates need rethink

      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%...

      By Ruchika L Maheshwari
      /
Share
WhatsApp
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

हिन्दी About Us Citizen Pulse News Trending Team Career Privacy Policy Sitemap Contact Us
© LocalCircles 2024 FB Link Twitter Link
All My Circles
Invite to
(Maximum 500 email ids allowed.)
Send