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.
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
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
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
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
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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