Clarifies the fast-track GST registration process under Rule 14A. The key takeaway is approval within three working days for eligible, low-risk applicants—not a guaranteed same-day ...
On Monday, Mr. Carney announced a multibillion-dollar increase to the Goods and Services Tax (GST) credit, which delivers quarterly payments to lower-income Canadians to help offset the cost of the ...
While there are goods that are taxed at higher than 18%, the simplified GST rate structures have reduced the tax on a bulk of the eligible goods The new rates are likely to increase consumers’ ...
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GST 2.0: CBIC clarifies social media claims about transition benefits under revised GST rules are false
The Central Board of Indirect Taxes and Customs (CBIC) has dismissed a viral message circulating on social media that claimed that the new transition benefits under the revised GST rules will be ...
Explains the shift from transaction value to MRP-based valuation under Rule 31D. Highlights how GST will now be calculated on printed retail ...
Both sales tax and GST are indirect taxes, meaning they are charged on transactions (purchases) instead of income, and the cost is ultimately paid by the person who buys the final product. The ...
The changes aim to omit the requirement of establishing the discount in terms of an agreement entered into before or at the ...
As the Star first reported, Carney is boosting this year’s GST rebate by 50 per cent and boosting the benefit for the next ...
ITANAGAR, 23 Jan: Group A and Group B officers of the tax, excise and narcotics department participated in a three-day training programme on the GST Act and Rules, conducted at DK State Convention ...
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