New Delhi: Small and medium companies in the auto components business are facing working capital shortage post-GST implementation, due to the high tax rates on certain components and lower input tax ...
Goods and Services Tax (GST) is a value-added tax at each stage of the supply of goods and services precisely on the amount of value addition achieved. It seeks to eliminate inefficiencies in the tax ...
NEW DELHI: After Tractors and its component manufacturers, Helmet makers are the new lot of people who are raising their voice against the GST tax rate applicable on helmets. Under the Goods and ...
Tractor Manufacturers Association (TMA) welcomed the move saying that this would go long way in making small and medium farmers profitable. (Source: IE) The decision to reduce GST rate on exclusive ...
New Delhi, July 3 (IANS) The domestic manufacturers of electronic components will benefit from the Goods and Services Tax (GST) regime as the cost of manufacturing will be significantly brought down, ...
The Tractor Manufacturers' Association (TMA) has indicated that the proposed GST rate of 28 per cent for tractor components would lead to an increase in input cost by ₹25,000 per tractor. The ...