#GSTimpact - News Prakash

GST 2.0: Amid concern of ‘profiteering’, FinMin to compile price data of common use items

newsprakash1@gmail.com4 months ago4 months ago08 mins

AMID CONCERNS the industry may not fully transmit the benefits of the GST rate cuts to end-consumers, the Revenue Department under the Union Ministry of Finance has asked its officers in the field to compile monthly data reports on price change of commodities pre- and post-GST rate rationalisation. The new rates will be effective September 22. In…

GST Impact? Sale increase, Tata Motors sells 10k cars, Maruti, Hyundai sales soar on first day of Navratri amid reduced prices.

newsprakash1@gmail.com4 months ago4 months ago06 mins

Sale increase, Tata Motors sells 10k cars, Maruti, Hyundai sales soar on first day of Navratri amid reduced prices Tata Motors reported record sales of 10,000 passenger vehicles on Navratri’s first day, boosted by reduced vehicle prices after GST reforms. Maruti Suzuki and Hyundai also saw strong sales, selling 30,000 and 11,000 units, respectively, due…