New Delhi (India), October 31: The Goods and Services Tax (GST) is a comprehensive tax system that has revolutionized taxation in many countries, including India. It has replaced various indirect ...
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 ...
On 21 December 2024 (Saturday), the 55th meeting of the GST Council was held in Jaisalmer. In this meeting, many decisions have been taken regarding GST rates. At the same time, many decisions have ...
Input tax credit means credit of Input tax i.e. tax levied on input goods, input services or both. Any goods (including capital goods) and any input services used or intended to be used by a provider ...
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 ...
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: ...
Australia's complex web of GST exemptions is causing households which spend similar amounts each year to pay significantly different rates of tax, new ...
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