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 ...
Food would be included in a 5% goods and services tax (GST), if the States Assembly approves the preferred Policy and ...
This news report details the upcoming implementation of new Goods and Services Tax (GST) rates on tobacco products, effective ...
Despite GST 2.0’s rollout last year and ongoing digitisation efforts, small and medium enterprises continue to face complex compliance requirements that affect their operational efficiency and working ...
Explains the legal situations where suppliers can correct excess GST through credit notes. Highlights that reduction in tax liability is conditional on timelines, ITC reversal, and absence of unjust ...
The oil and gas industry urges reforms in cess, GST, duties and incentives to improve upstream earnings, reduce costs, ...
Courts have ruled that transfer of leasehold rights is not a supply of services. The key takeaway is that such transactions ...