GST

GST Interest and Penalty Waiver Scheme under Section 128A provides provide a big relief to the taxpayers for reducing the […]

Definition and Classification of Vouchers Voucher Taxability: Key Updates and GST Council Recommendations Clarification on Voucher Taxation The GST Council

GST on restaurant services in hotels will depend on the value of supply of hotel rooms in the previous year.

The 55th GST Council Meeting, held on December 21, 2024, introduced significant changes to the Goods and Services Tax (GST)

The government will going to insert a Track and Trace Mechanism to monitor the complete supply chain of goods. The

GST exemption on contributions to motor vehicle accident fund means the contributions made by general insurance companies to the Motor

Sponsorship services means when a companies or individuals supports another group or individual to help in exchange for getting advertised

GST E-Invoice is an electronic invoice which is generated through the Invoice Registration Portal (IRP) and contains a unique Invoice

Input Tax Credit allows taxpayers to claim credit for the GST paid on purchases (inward supplies) against their GST liability

GST rates refer to the percentage of tax imposed on the sale of goods or services under CGST, SGST and

The turnover limit for filing GSTR-9 (Annual Return) under GST is as follows: Turnover Limit for GSTR-9 Mandatory Filing If

GSTR-9 is an annual return which has to be file by regular taxpayers to maintain accurate records of GST transactions.