A low GST rate of 4 per cent would make better sense. Next, given the median VAT rate on gold and jewellery is 1 per cent, it would be logical to make the GST rate 2 per cent — double, to deter ...

In Brief With the passage of the Constitution (122nd Amendment) Bill in August 2016 and the establishment of the Goods and Services Tax (GST) council, many hoped that the design and structure of India ...

On 1 July 2017, India introduced a Goods and Services Tax (GST) with the objective of replacing the dense thicket of national, state and local taxes on consumption with a single tax. If it is ...

Thus, with GST, the economic map of India will evolve — possibly in quite complex ways. As economic corridors change, the demand for new investment in transport and logistics infrastructure will ...