Gst On Fmcg Goods
Consumer companies upbeat as Budget tax relief boosts middle-class spending
This comes at a time when urban consumption is under pressure, as reflected in fast-moving consumer goods (FMCG) companies' October-December quarter results
 "Consumer companies upbeat as Budget tax relief boosts middle-class spending")
Nestle net profit up 7% as key brands register double-digit growth
The company had reported a net profit of Rs 698.3 crore in the year-ago period
 "Nestle net profit up 7% as key brands register double-digit growth")
CM Kejriwal demands Centre to withdraw GST on pre-packed, labelled food
Delhi Chief Minister Arvind Kejriwal on Monday demanded the Centre to withdraw the Goods and Services Tax (GST) it has freshly imposed on pre-packed and labelled food items
 "CM Kejriwal demands Centre to withdraw GST on pre-packed, labelled food")
Karnataka traders to observe bandh against GST on rice, foodgrains
The State Rice Mill Owners' Association has demanded that the central government reverse its decision and the GST Council take a review of its decision to impose GST on foodgrains
 "Karnataka traders to observe bandh against GST on rice, foodgrains")
GST impact on pharma and FMCG firms: Is taxing freebies legally tenable?
Freebies/extras cannot qualify as 'gifts' because the consideration for them is in-built in the price, Sudipta Bhattacharjee says.
 "GST impact on pharma and FMCG firms: Is taxing freebies legally tenable?")
GST impact: FMCG firms to extend tax benefits to customers, slash prices
Patanjali, ITC, HUL, Marico have either slashed prices or increased grammage of products
 "GST impact: FMCG firms to extend tax benefits to customers, slash prices")
