GST applies to under-construction properties while land and completed buildings remain exempt. The regime includes 1% and 5% rates without ITC, deemed land valuation, and reverse charge compliance for ...
Explains how GST applies to under-construction properties while completed properties remain outside its scope. The article highlights key GST rates, compliance rules, and their impact on developers ...
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’ ...
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 ...
NEW DELHI (Reuters) - India's nationwide Goods and Services Tax (GST) was meant to unify the $2 trillion economy and make it easier for companies to transact across state borders. Nearly a month on, ...
KFin Technologies announces GST-exclusive brokerage payouts for mutual fund distributors from April 1, streamlining ...