Before deciding if GST will even be part of tax changes, the States needs to decide what it will look like. Under the ...
The GST 2.0 reforms aimed to simplify the system with fewer tax slabs, however businesses continue to face challenges in ...
Finance Minister Nirmala Sitharaman on Wednesday announced major Goods and Services Tax (GST) rate cuts, saying that with the two-tier tax rate system approved, the common man will benefit greatly.
While there are goods that are taxed at higher than 18%, the simplified GST rate structures have reduced the tax on a bulk of the eligible goods The new rates are likely to increase consumers’ ...
Food would be included in a 5% goods and services tax (GST), if the States Assembly approves the preferred Policy and ...
The GST rate on two-wheelers with engines up to 350cc was reduced by 10 percentage points to 18 percent, effective September ...
Highlighting a recurring pattern in GST litigation and audits, the financial expert pointed out that notifications cannot be ...
Builders under the 1%/5% GST regime must still meet the 80% registered procurement rule. Non-compliance attracts cash RCM ...
The GSTN now allows hotels to declare premises as “specified” online, determining whether restaurant services attract 18% GST ...
The Union government informed the Delhi HC that GST on air purifiers lies solely within the GST Council’s jurisdiction and ...