Hasmukh Adhia On Gst

Former Union finance secretary Hasmukh Adhia, who is credited with the successful implementation of the Goods and Services Tax (GST), has been appointed as the chief advisor to Gujarat Chief Minister Bhupendra Patel, an official said on Tuesday.

GST Council meet: Finance Secretary Hasmukh Adhia said the monthly return filing system will come into force in six months

The e-way (electronic way) bill system under GST (Goods and Services Tax) for inter-state movement of goods rolled out on Sunday, the government confirmed. For intra-state movement of goods, the new system would be launched in two weeks' time, Finance Secretary Hasmukh Adhia announced on Wednesday. According to an IANS report, the e-way bill applie...

The government, Finance Secretary Hasmukh Adhia said, is working on removing the "unevenness in the tax paid by different classes of people" by using foolproof technological system.

Some rejig in GST rate structure is required to reduce the burden on small and medium businesses, Revenue Secretary Hasmukh Adhia has said.

Revenue Secretary Hasmukh Adhia said that if rental income on commercial properties exceeds Rs 20 lakh, GST will be levied.

Revenue Secretary Hasmukh Adhia said the law provides for indicating the maximum retail price (MRP) of a product clearly on every product.

In case of credit cards, if you are regular with your payments, the GST regime will have no impact on you.

Revenue Secretary Hasmukh Adhia tells NDTV that the government is all set for the midnight Goods and Services Tax or GST launch on Friday.

Revenue Secretary Hasmukh Adhia claimed that the IT network for Good and Services Tax is on track and there are no issues of privacy being compromised.

The central and state governments were ready to roll out the GST, said Revenue Secretary Hasmukh Adhia, adding that firms should not count on a postponement of a tax more than a decade in the making.

Mr Adhia said the approach for the GST rollout would be to avoid any shock in the first year and any review for inclusion of a service or change in rate could be done in the second or third year of the implementation based on revenue realisation.

In total, the government estimates to collect nearly Rs 9.27 lakh crore from indirect taxes next fiscal, up 9 per cent over 2016-17.

The government had planned to roll out GST, which will subsume excise and service tax and other local levies, from April 1,2017.

The GST Council is likely to decide on the definition of luxury cars and the incidence of cess at its next meeting later this month.

Former Union finance secretary Hasmukh Adhia, who is credited with the successful implementation of the Goods and Services Tax (GST), has been appointed as the chief advisor to Gujarat Chief Minister Bhupendra Patel, an official said on Tuesday.

GST Council meet: Finance Secretary Hasmukh Adhia said the monthly return filing system will come into force in six months

The e-way (electronic way) bill system under GST (Goods and Services Tax) for inter-state movement of goods rolled out on Sunday, the government confirmed. For intra-state movement of goods, the new system would be launched in two weeks' time, Finance Secretary Hasmukh Adhia announced on Wednesday. According to an IANS report, the e-way bill applie...

The government, Finance Secretary Hasmukh Adhia said, is working on removing the "unevenness in the tax paid by different classes of people" by using foolproof technological system.

Some rejig in GST rate structure is required to reduce the burden on small and medium businesses, Revenue Secretary Hasmukh Adhia has said.

Revenue Secretary Hasmukh Adhia said that if rental income on commercial properties exceeds Rs 20 lakh, GST will be levied.

Revenue Secretary Hasmukh Adhia said the law provides for indicating the maximum retail price (MRP) of a product clearly on every product.

In case of credit cards, if you are regular with your payments, the GST regime will have no impact on you.

Revenue Secretary Hasmukh Adhia tells NDTV that the government is all set for the midnight Goods and Services Tax or GST launch on Friday.

Revenue Secretary Hasmukh Adhia claimed that the IT network for Good and Services Tax is on track and there are no issues of privacy being compromised.

The central and state governments were ready to roll out the GST, said Revenue Secretary Hasmukh Adhia, adding that firms should not count on a postponement of a tax more than a decade in the making.

Mr Adhia said the approach for the GST rollout would be to avoid any shock in the first year and any review for inclusion of a service or change in rate could be done in the second or third year of the implementation based on revenue realisation.

In total, the government estimates to collect nearly Rs 9.27 lakh crore from indirect taxes next fiscal, up 9 per cent over 2016-17.

The government had planned to roll out GST, which will subsume excise and service tax and other local levies, from April 1,2017.

The GST Council is likely to decide on the definition of luxury cars and the incidence of cess at its next meeting later this month.