Option of 5% GST without ITC or 18% with ITC to be applicable on restaurant services provided at non-specified premises, ...

India's GST system needs a comprehensive review to improve efficiency, reduce complexity, and enhance revenue performance by ...

This reduction rather than a complete waiver in GST on gross insurance premium will be beneficial for both policyholders as ...

The Government of India addressed queries regarding the Goods and Services Tax (GST) on medicines and medical goods in a recent Rajya Sabha session. The GST rates and exemptions are determined by the ...

To be eligible for the Composition Scheme under GST, a business must meet certain conditions. First one is no Inter-State Sales which means the business can only sell goods or services within the same ...

CBIC clarifies GST on restaurant services in hotels with room rent exceeding Rs 7,500/day. Learn about the new rules, ...

Farmers have been demanding that Centre must do away with Goods and Services Tax (GST) on agricultural equipment and inputs, ...

Hotels charging room rent above Rs 7,500 a day will be considered 'specified premises' from April 1, 2025. Restaurant ...

A proposal to reduce goods and services tax (GST) on agricultural equipment and inputs is being reviewed by a Group of ...

Finance Minister Nirmala Sitharaman highlights India's strategic tax reforms and regulatory ease aimed at transforming the ...

The New Zealand Tax Podcast - are you ready for 31st March tax year-end? GST fraud lessons. Tax-cut talk ahead of May's ...

From April 1, 2025, hotels charging above Rs 7,500 per day will be classified as 'specified premises', attracting 18% GST.