Pharma Page

GST Rates and limits changes Exemptions Changes Supply of goods and services to FIFA and other specified persons for U17 Women’s World Cup in India exempted from GST. Insurance provided to Central Armed Paramilitary Forces to be exempt from GST. Prospectively, warehousing of certain GSTagricultural products …

Some companies have filed a writ petition in the Rajasthan High Court against the government and the indirect tax department over goods and services tax (GST) levied on these deals in what could jeopardize long-term land lease deals. In the current GST mechanism, GST is levied …

The Goods and Services Tax (GST) Council, is likely to announce a reduction in the tax rates at its Friday meeting on products and services that typically are not major revenue generators for the central and state governments. A person familiar with the deliberations of the …

A Cosmetics maker company L’Oréal India has been accused by the indirect tax anti-profiteering unit of making an undue profit worth Rs 215 crore. It was found by the Directorate General of Anti-Profiteering that the company didn’t pass on the benefit of a reduced Goods and …

New E-invoicing system for all invoices of sales and purchase will be announced soon. Currently, the government has only prescribed the format and particulars to be included in the invoice. However, it is decided to replace such invoices with the government prescribed e-invoice from January 2020. …

Union Minister of Finance & Corporate Affairs Smt. Nirmala Sitharaman held a press conference wherein various measures were announced to Boost Economic Growth, wherein it has also announced new measures to boost exports. Here the measures are taken in the export sector: It includes replacement of …