I feel the GST rates are exorbitant, 18% on spare parts / labour- I feel has it been 10% parts & 5% labour would have garnered more revenue, with more & more consumers willing to pay without hesitation. The rate of GST is on higher side in case of insurance/bank charges. more
I agree that people have to be honest in paying their legitimate Taxes. Once this happens to a large extent, the rate of taxation would automatically be reduced. Further, I also agree that Rich Agriculturists, or those earning beyond Rs. 10,00,000 a year MUST BE INCLUDED IN THE TAX NET. Mr. Shishir Kant says that Government is GREEDY. This is a STUPID analysis. Iam sure such people are those who do not pay taxes and cheat the Country and the people. more
Are all the people paying taxes honestly?The day this will start automatically Govt will reduce taxes.Another is rich Agriculturist must be taxed.This will give good boost to the tax collection.Now a days it has been seen that many a rich people are trying to obtain the tag of Agriculturist so that they can avoid paying taxes. more
I think Sanjeev kumar is missing the point of erstwhile Excise duty+State taxes VAT+octroi, Service tax+cess etc., which is now unified into single GST hence looks bigger. For B2B input credits will offset Output GST payable. Most traders pass on this differential benefits to B2C customers. Hope this is clear. more
with due respect, Kindly read my suggestion is towards service/ job/ labour components, where only a service tax @12% was levied earlier, Now it is 18% GST in most cases, My view is had it been lower would have encouraged people to pay upfront & even traders would have pushed hard their customers to pay, than offering excuse. more
I do hope that a "GENTLE MAN" by the name of Shirir kant will also read your remarks on GST. There are many people like him who do not know what GST really is and calls the government GREEDY. This itself is gross stupidity more
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...
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...
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...
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...
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%...
The Private tutors and coaching classes runners should be registered by the local authorities like Panchayats, municipalities and metros through simple forms with names, addresses of operators, the...
Rs6.14 lakh crore as input tax credit (ITC) remains blocked under Rule 86A by the tax authorities without any due process being followed. Attached is data by state. Can LocalCircles take up this is...
Dear All, I live in an affordable housing society under PMAY in Gurgaon for the past two years. Maintenance is supposed to be free for five years. Builder has increased CAM charges twic...
The leaders of the Govt, the babus of the Govt are very clueless LocalCircles and we have not done enough to wake up these people. Read below: 5% GST on COVID vaccine. 28% GST...
What's the most taxed product in India? It's not cigarettes, a can of aerated beverage or a bottle of whisky or beer. It's an AUTOMOBILE. It attracts the highest GST rate of 28% & a cess o...
By Sunita Varghese
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