Not these GST rates: India Inc pleads to govt

In past week, five sectors formally asked govt for a review but this seems unlikely to take place

Viveat Susan Pinto Arnab Dutta & Urvi Malvania  |  Mumbai 

Neighbouring countries levy from five to 10 per cent. We cannot afford to have these kind of complex and high GST rates, Dilip Datwani President, Hotel & Restaurant Association of Western India says A bunch of business sectors have made representations to the government in the past week for a review of rates under the goods and services tax (GST). These include toys, multiplexes, ayurvedic products, paints, detergents, aerated drinks and hotels. However, Vanaja Sarna, chairperson of the Central Board of Excise and Customs, ruled out a review of these rates on Friday, saying there ...

TO READ THE FULL STORY, SUBSCRIBE NOW AT JUST Rs 149 A MONTH

Key stories on business-standard.com are available to premium subscribers only.

LOGIN

EMAIL / USER NAME
PASSWORD
REMEMBER ME Forgot password?

Not a member yet ? Resister Now

Connect using any below

  • Don't lose the opportunity of saving $26.77 per month
  • Don't lose the opportunity of saving $26.77 per month
Total Amount
Rs. 0.00
To proceed, kindly select a subscription package

WHAT YOU GET

On Business Standard Digital

  • Access your subscription from anywhere. Be it your computer, tablet or smartphone using a browser or the App, Your Choice.
  • Access to exclusive content, features, opinions and comment, hand-picked by our editors, just for you.
  • Pick your 5 favourite companies. Get all the news upates at the end of each day through E-Mail.
  • Pick the industry that you want to track. And get a daily news letter specific to that industry. Cut out the clutter.
  • And stay on top of your investments. Track stock prices in your portfolio
  • Access 18 years of archival data

On Digital

  • Seamless access to WSJ.com with your Business Standard digital account.
  • Experience the best of the Journal's reporting, video and interactive features.
  • Read about the people and events shaping business, finance, technology, politics, technology and culture.
  • Stay informed with newsletters - an easy way to get WSJ content straight to your inbox - making life easier on your busiest days.
  • More business executives read the Journal globally than any other publication.
*Note :
Our Partners are proud to be associated with this initiative and will contribute Rs 100 x 6 months thereafter, standard rate of Rs 149 will be charged.
Offer valid for Indian residents only
Requires you to share personal information like PAN, Date of Birth, and Income.
*Annual saving on WSJ subscription price of US$ 347.88 (12 months @ US$ 28.99 per month)
* 1US$ = 67.50 INR.
*Please note that this offer is not valid if you are/were a registered/existing user on WSJ Digital
Read our full coverage on GST

Not these GST rates: India Inc pleads to govt

In past week, five sectors formally asked govt for a review but this seems unlikely to take place

In past week, five sectors formally asked govt for a review but this seems unlikely to take place Neighbouring countries levy from five to 10 per cent. We cannot afford to have these kind of complex and high GST rates, Dilip Datwani President, Hotel & Restaurant Association of Western India says A bunch of business sectors have made representations to the government in the past week for a review of rates under the goods and services tax (GST). These include toys, multiplexes, ayurvedic products, paints, detergents, aerated drinks and hotels. However, Vanaja Sarna, chairperson of the Central Board of Excise and Customs, ruled out a review of these rates on Friday, saying there ... image
Business Standard
177 22