GST – Page 2 – RTN asia

Nestle says some products will get cheaper under GST

2017-06-302017-06-30 | Sanjay Kumar

Packaged food company Nestlé said it would pass on to consumers any reduction in tax rates due to the introduction of the goods and services tax tomorrow. Companies are not obliged to pass on the benefit of lower taxes to consumers, and many are unlikely to. The Swiss giant said it won’t be one of […]

Finance Ministry holds talks with industry over GST rollout

2016-08-18 | Roshan Ravi

Department of Revenue and Central Board of Excise and Customs (CBEC) have started holding interactive sessions with industry representatives to understand and address the apprehensions and concerns of the various stakeholders about GST and also provide a platform for business to express their views on important aspects of the new system. The three-day consultations started yesterday. […]