Donald Trump's threat to hit trading partners with "reciprocal" tariffs could hit Australian jobs and economic output hard, ...

In re Webel Support Multipurpose Service Cooperate Society Limited (GST AAR West Bengal) West Bengal Authority for Advance Ruling (AAR) examined whether the supply of manpower ser ...

In the electronic commerce space, vouchers have become a widely used tool to enhance customer engagement, drive sales, and ...

As per the decisions taken in the 55 th GST Council meeting government has amendment in CGST Act, 2017 in the budget 2025, after this amendment specifically provide for the requirement of reversal of ...

BENGALURU: Goods and Services Tax (GST) is crucial for revenue collection, compliance, and economic growth. The Finance Bill ...

The Union Budget introduces various GST law amendments, notably the Track and Trace Mechanism for goods prone to evasion. A ...

Presenting the Union Budget 2025, Sitharaman proposed several amendments in GST laws including ... a new clause to provide definition of Unique Identification Marking (UIM) for implementation ...

GST rates, as the latter is a pass-through mechanism that ensures cost neutrality. Revised definition of affordable housing: The current cap of Rs 45 lakh for affordable housing is outdated. In ...

as PAs fall within the definition of 'acquiring bank'," the CBIC said. The CBIC also clarified that this GST exemption is limited to payment settlement function only, which involves handling of money, ...

GST will not be charged on penal charges levied by banks and NBFCs, as clarified by the CBIC. This exemption is due to such charges being deemed as breaches of contract terms. Additionally, GST ...

as PAs fall within the definition of ’acquiring bank’,” the CBIC said. The CBIC also clarified that this GST exemption is limited to payment settlement function only, which involves handling ...