CBEC to soon notify new GST procedural framework for trade sector

Dry run of GST to begin from 23 June 2017

by Natasha Nadkar

The central board of excise and customs (CBEC) will soon notify the new GST procedural framework for the country’s USD 650 billion trade sector. The detailed directive will explain the rate schedule of the Integrated GST (IGST) which will be levied on imports. The dry run of the GST will begin from 23 June 2017, as per a government official. Field officials have already been advised to ensure that traders do not face any hurdles. IGST on imports will be entirely administered by the Centre’s customs officials.

References
1. http://economictimes.indiatimes.com/news/economy/policy/gst-central-board-of-excise-and-customs-to-soon-notify-new-procedural-framework/articleshow/59209625.cms
CMIE STATISTICS
Unemployment Rate
Per cent
6.2 -0.0
Consumer Sentiments Index
Base September-December 2015
93.5 0.0
Consumer Expectations Index
Base September-December 2015
93.9 0.0
Current Economic Conditions Index
Base September-December 2015
92.8 0.0
Quarterly CapeEx Aggregates
(Rs.trillion) Jun 17 Sep 17 Dec 17 Mar 18
New projects 2.33 1.38 1.24 2.15
Completed projects 0.87 1.21 1.02 1.07
Stalled projects 2.67 0.69 0.93 3.34
Revived projects 0.30 0.34 0.23 0.14
Implementation stalled projects 0.73 0.72 0.58 1.05
Updated on: 25 Apr 2018 9:20AM
Quarterly Financials of Listed Companies
(% change) Jun 17 Sep 17 Dec 17 Mar 18
All listed Companies
 Income 9.6 7.9 11.9 7.6
 Expenses 9.9 9.0 12.9 8.0
 Net profit -19.9 -18.1 -13.9 6.6
 PAT margin (%) 5.3 5.5 4.9 15.2
 Count of Cos. 4,482 4,469 4,431 78
Non-financial Companies
 Income 10.2 8.2 13.2 3.0
 Expenses 10.5 8.2 12.3 4.0
 Net profit -25.1 -6.0 12.7 -1.8
 PAT margin (%) 5.2 6.2 6.4 14.0
 Net fixed assets 9.2 5.3
 Current assets 78.7 9.6
 Current liabilities 11.0 24.5
 Borrowings 10.4 -2.5
 Reserves & surplus 5.2 0.3
 Count of Cos. 3,459 3,442 3,427 55
Numbers are net of P&E
Updated on: 25 Apr 2018 9:20AM
Annual Financials of All Companies
(% change) FY15 FY16 FY17 FY18
All Companies
 Income 5.5 1.5 5.1 1.6
 Expenses 5.6 1.7 5.1 0.7
 Net profit 0.0 -10.3 23.7 9.2
 PAT margin (%) 3.1 2.8 3.6 8.3
 Assets 9.5 10.0 6.9 3.3
 Net worth 8.5 11.4 6.0 2.8
 RONW (%) 5.8 4.9 5.9 12.7
 Count of Cos. 25,647 23,668 20,755 19
Non-financial Companies
 Income 4.7 0.6 4.7 1.5
 Expenses 4.9 0.0 5.2 0.6
 Net profit -8.6 18.4 18.0 10.7
 PAT margin (%) 2.0 2.5 3.1 7.4
 Net fixed assets 13.3 17.3 5.4 4.4
 Net worth 6.9 12.0 4.4 2.9
 RONW (%) 4.6 5.1 6.0 11.5
 Debt / Equity (times) 1.1 1.1 1.0 0.2
 Interest cover (times) 1.9 1.9 2.1 11.8
 Net working capital cycle (days) 66 65 62 38
 Count of Cos. 20,897 19,807 17,287 17
Numbers are net of P&E
Updated on: 18 Apr 2018 11:50AM

Time series available from 1990 onwards