The GST Council has made a host of decisions concerning a variety of areas including certain snacks, electric vehicles (EVs) and construction materials. Finance and Corporate Affairs Minister Nirmala ...
The guide clarifies when GST liability shifts to the recipient under RCM for GTA and renting services. The key takeaway is that correct classification and notification-based conditions determine tax ...
Experts in the field on Tuesday clarified that the GST Council has not recommended the imposition of any new tax for old and used vehicles in the recent meeting. The experts clarified that the GST ...
Input Tax Credit under GST: The net GST payable is the overall GST minus GST paid on buying raw material. Before GST, credit of taxes being levied by the central government was not available as a ...
The Goods and Services Tax (GST) is a value-added tax levied on most goods and services sold for domestic consumption.
There is no conflict between the power to levy Goods and Services Tax under the GST Act and the authority of municipal corporations to charge advertisement fee/tax under section 134 of the Karnataka ...
GSTN has resolved a long-standing issue where taxpayers faced double GST payments when filing appeals. The new GST DRC-03A ...
CHENNAI: GST paid on lease deeds will not taken into consideration for calculating the stamp duty and registration fee.A recent circular by the office of inspector general of registration said that a ...