GST, GST council, FMCG, digital advancements, Goods and Services Tax
Explainer | Inverted duty structure

The GST Council’s two-slab rate may trigger inverted duty structure concerns for sectors like pharma, FMCG and bicycles. Businesses face…

Goods and Services Tax, GST Council, tax, economy, sitharaman
Rebooting GST

Computing inverted duty structure refunds, compensation cess are concerns that demand relook.

GST 2.0 Reforms: FMCG and Cement Dealers Face Transition Hurdles.
Dealers confused over new GST reforms

Despite the government’s clarification on GST 2.0, FMCG distributors and cement dealers are concerned about the implementation of the new…

GST Council Shows Statesmanship in Unanimous Push for Tax Simplification
Dealing with after-effects of reform

A critical part of the package are the process reforms for simplifying registrations and expediting refunds, both for inverted duty…