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Tag Archives: GST

GST: Composition Scheme not applicable for ice-cream, tobacco product makers, says Hasmukh Adhia

Manufacturers of ice-cream, tobacco products and service providers, except restaurateurs, cannot avail of the Composition Scheme under the Goods and Services Tax (GST), Revenue Secretary Hasmukh Adhia said on Wednesday. “Suppliers of services, except restaurants, and any person who makes inter-state supplies or is engaged in manufacturing of certain goods, ...

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GST: Get set for tomorrow

NEW DELHI: India is bracing with tense anticipation for the inauguration of the goods and services tax (GST), which is expected to rewrite the rules of business, while reducing the burden on the common man. GST is billed to integrate India into a common market, bigger than the European Union. Proponents ...

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