GST or the Goods and Services Tax aims to remove the cascading effect of various taxes. The scary part that is most visible now is the shooting up of services tax - from 14-15% depending upon the ...
Stage is set for the launch of a nationwide Goods and Services Tax (GST) at midnight on Friday. Prime Minister Narendra Modi will unveil the new tax regime replacing overnight the messy mix of more ...
India introduced the Goods and Services Tax (GST) on July 1, 2017, marking a historic change in the country's tax system. Before GST, people and businesses had to deal with different indirect taxes ...
Many a time I was asked what GST is, What is the full form of GST, and what blah blah? So, I decided to write all about the GST by keeping my mind calm. To which I named this guide keep calm and ...
Prime Minister Narendra Modi being welcomed by Parliamentary Affairs Minister Ananth Kumar, MoS's Mukhtar Abbas Naqvi and MoS in Prime Minister's Office, Jitendra Singh, before the start of Monsoon ...
The Goods and Services Tax (GST) council Thursday fixed tax rates on 1211 items, most of which will likely become cheaper. Advisory Alert: It has come to our attention that certain individuals are ...
In a recent clarification, the Central Board of Indirect Taxes and Customs (CBIC) provided insights into the goods and services tax (GST) treatment of transactions involving vouchers. Illustration: ...
The government must clearly outline the scope of 'e-commerce' under the GST, as the current definition can include even commodity derivatives exchanges where there is no actual delivery of goods, an ...
It has also sought clarity on treatment of goods and services under GST for exports, gems and jewellery, MSME sector, banking and telecom. The Central GST is silent on exemptions provided on interest ...