wnol.info October 21 2017


GST impact: Jaguar Land Rover Car Prices come down drastically

October 21 2017, 07:11 | Van Peters

GST rollout: 22 states including Delhi, Maharashtra abolish check posts

Thomas Isaac

Raising TSFTA's grievances with Union labour minister Bandaru Dattatreya, who was in the city, Ammanabolu said that the textile trade is carried out even in remote villages. To understand the impact of GST on different vehicle segments.

A total of 22 states have so far abolished their check posts ensuring a smooth transition from the previous state specific taxes to the national Goods and Services Tax (GST) which was launched on July 1.

Assam and Uttar Pradesh have instructed their officials to check the GST Identification Number (GSTIN), along with the invoice number, consignment notes, tax invoice and registration of the logistic firm till E-Way Bill comes into effect, a Times of India report stated. He said each department and ministry should make sure that benefits of GST are passed on to consumers which would help keep inflation under control.

Sources said that the issue of creating more awareness on the new tax was also flagged at the review meeting called by Cabinet Secretary PK Sinha on Monday.

The ministry contended that if these devices/equipments are exempted from GST, then while imports of such devices/equipments would be zero rated, such domestically-manufactured devices/equipments will continue to bear the burden of input taxes, increasing their cost and resulting in negative protection for the domestic value addition.

Revenue Secretary Hasmukh Adhia on Sunday took to micro-blogging Twitter to reveal the truth. "So the price of this commodity should come down", Adhia said. The rates are common under the GST and for the movement of goods in or outside a state, there is no need to check whether goods have moved physically out of the state or not.

In this connection, the Secretary said his department had received 2,20,000 applications for new registrations under GST of which around half were fully completed.

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