With new regulations and potential adjustments on the horizon, 2025 promises to be another year of growth, reform, and ...
By following the practical steps listed in the GST Rules and taking into account the existing provisions of the GST law, a ...
The annual turnover threshold for GST registration is Rs 40 lakh for businesses supplying goods and Rs 20 lakh for service providers. Businesses below these limits are exempt, but exceeding them ...
8. Rule 92 (3) of the CGST Rules, 2017 read as follows:- ...
Preface: The Section 128A waiver scheme, coupled with Rule 164, provides relief for interest and penalty demands under GST notices issued per Section 73, covering the period 01-07-2017 to 31-03-2020.
A bench of the Gujarat High Court on Thursday quashed notices issued by the GST department that sought to recover tax on the ...
Compliance with GST has been a somewhat daunting task to many businesses due to its number one being complex nature Failing to meet the deadlines for filing GST returns results in steep fines higher c ...
The GST Council has recommended an increased 18% tax rate on used car sales of electric vehicles (EVs), along with specified petrol and diesel cars The GST Council has recommended an increased 18% ...
While decisions on treatment of health insurance and compensation cess are pending, incremental reforms are in evidence ...
India's GST Council implements a Track & Trace mechanism for evasion-prone goods, reducing GST rates on FRK and gene therapy, ...
The GST Councill meeting was held on Saturday with Finance Minister Nirmala Sitharaman as chair. In the meeting, the tax slab ...
The 55th meeting of the GST Council, at its meeting in Jaisalmer, Rajasthan on Saturday, recommended an increase in the GST ...