Input Service Distribution or ISD in not a new concept in India, its familiarity dates back to the Service Tax Era. The Service Tax law upheld the principle that credits relating to any input service ...

The Goods and Services Tax (GST) Council, in its 55th meeting, clarified taxation rules for the sale of old and used vehicles, including electric vehicles (EVs). A uniform GST rate of 18 per cent ...

This is to make security on GST portals tighter ... 2024 commonly known as RoW rules on 19 September, 2024. In effect from January 1, 2025, these regulations are established to control the ...

Several new laws and regulations in Ontario are set to change next month that will affect business owners and people across ...

In May 2023, the Centre appointed Sanjaya Kumar Mishra, former Chief Justice of the Jharkhand High Court, as the GSTAT ...

GST at the hand of M/s. Emcure is not leviable on the amount representing the employees’ portion of canteen charges which is ...

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% ...

2. Valuation under the GST laws and PLI Under the PLI scheme, the applicants have to first submit an ‘application for eligibility’ and then periodically submit ‘disbursement claims’, both ...

Historical data suggests that retrospective amendments in taxation laws are often perceived as working against taxpayers. The GST Council reinforced this perception by amending Section 17(5)(d ...

Case in point: his latest Instagram video about popcorn. ICYMI, popcorn has been the talk of the town after the announcement of the new GST rules based on its sugar and spice content. In short, salted ...

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 ...