Tax Guru1d
GST Impact on Hotel & Restaurant Services: 55th GST Council Recommendation
2. The above declaration shall have to be filed separately for each ”.
money.rediff8h
No GST on Bank, NBFC Penal Charges: CBIC
The Central Board of Indirect Taxes and Customs (CBIC) has clarified that GST will not be applicable on penal charges levied ...
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GST Council's key decisions: What's cheaper, what's costlier, and all other details
Penal Charges: Penalties collected by banks and NBFCs for non-compliance with loan terms will not attract GST, providing relief to borrowers. Definition of 'Pre-Packaged and Labelled': The ...
rediff.com26d
CBIC clarifies rules, says no GST to apply on pre-paid gift vouchers, cards
These vouchers are treated as ‘money’ under the GST framework ... to receive specific goods or services and fall under the definition of ‘actionable claims’. Similar to their prepaid ...