Goods and Services Tax India: Read all latest GST news, articles, notification, circulars, case laws news on, MVAT DVAT PVAT GST GSTN IGST CGST GST Council GST Rates SGST GST Forms GST Rules.
Goods and Services Tax : Understand GST taxability on leasing residential and commercial properties, including reverse charge mechanism changes from 18.07....
Goods and Services Tax : Learn about the Invoice Management System (IMS) on the GST Portal, enabling taxpayers to manage and reconcile invoices effectively...
Goods and Services Tax : Explore the legal framework for GST inspections at unregistered persons' premises, focusing on compliance and departmental procedu...
Goods and Services Tax : Explore GST implications for health care services, including exemptions, criteria for classification, and key cases affecting taxa...
Goods and Services Tax : Calcutta HC ruled that penalties can not be imposed for expired e-way bills if there is no intent to evade taxes. Detention orders...
Goods and Services Tax : Start your mornings with essential GST knowledge. Join CA Sachin Jain for a 3-day live course focused on GSTR-9 and 9C, combining ...
Goods and Services Tax : Explore the key recommendations made by the GST Council during its 54th meeting, including changes in GST rates, GoM formations, a...
Goods and Services Tax : AGFTC & ITBA urge the Finance Minister to reduce GST appeal fees to ensure fair taxation, proposing fees similar to Income Tax rat...
Goods and Services Tax : Detailed overview of India's GST collections for August 2024. Includes gross and net revenue, growth rates, and state-wise distrib...
Goods and Services Tax : CBI charges former CGST Asst. Commissioner and arrests 5, including a Principal Commissioner of Income Tax, in two separate briber...
Goods and Services Tax : Madras High Court held that the entry tax on the goods imported from the other States cannot be more than the sales tax/VAT levied...
Goods and Services Tax : Madras High Court held that passing of order without considering the reply and without providing any opportunity of being heard is...
Goods and Services Tax : Held that the intimations and notices were uploaded in the 'Additional Notices' tab instead of the 'Notices' tab, and the petition...
Goods and Services Tax : Karnataka High Court held that the practice of issuing a single, consolidated show cause notice under section 73 of the CGST Act f...
Goods and Services Tax : Delhi High Court held that cancellation of a tax payer’s GST registration does not absolve the tax payer from being held account...
Goods and Services Tax : Taxpayers have until Oct 31, 2024, to report ITC reversal opening balances in the new Electronic Credit Reversal and Re-claimed St...
Goods and Services Tax : CBIC weekly update covers GST Council decisions, extended export benefits, DGGI conference highlights, and IRS officer’s triathl...
Goods and Services Tax : The new GST Invoice Management System (IMS) simplifies invoice handling for taxpayers. Accept, reject, or defer invoices and manag...
Goods and Services Tax : The GST Council forms a Group of Ministers (GoM) to review and suggest GST rates on life and health insurance, with a report due b...
Goods and Services Tax : Circular No. 233/27/2024 clarifies IGST refund regularization for exporters who initially imported inputs without paying integrate...
AAR ruled that hostel and PG accommodation cannot be considered equivalent to residential accommodation and thus such services are not eligible for exemption and accordingly are exigible to GST @12%.
The activity of charging the battery of an Electrical Vehicle is treated as ‘supply of service’ and falls under SAC 998714. It attracts GST at a rate of 18% in terms of entry No.25(ii) of the Notification No.11/2017-Central Tax (Rate) dated 28.06.2017, as amended.
Explore the exemption of education provided by Isha Yoga Center under GST. Analyze the applicability of Entry No. 57 and Entry No. 69 of Notification No.9/2017-Integrated Tax (Rate) dated 28th June 2017.
Learn about the classification and exemption of agricultural hand tools. AAR allows withdrawal of the application. Understand the implications and ruling on these tools.
Learn about applicable GST rate and exemption for services provided by Interviewbit Software Services under Market led Fee-based Services Scheme. Get insights from ruling of GST AAR Karnataka. Understand conditions for exemption and their interpretation.
Changes in GST rules for renting residential dwellings and implementation of reverse charge mechanism (RCM). Learn about exemptions, GST liabilities for registered and unregistered persons, and impact on residential and commercial purposes.
Gain insights on the availability of input tax credit for construction expenses of warehouses. Understand the impact of capitalizing expenses on tax benefits. Explore the analysis and ruling by the GST AAR West Bengal.
Discover the key recommendations from the 50th GST Council Meeting held on July 11, 2023. Uncover changes in GST tax rates, trade facilitation measures, and streamlined compliance initiatives. Stay informed on crucial updates for a comprehensive understanding of the evolving GST landscape.
Stay updated on the latest GST Registration amendments discussed in the 50th Council Meeting. Learn about the strengthened registration process to combat fake registrations and enhance compliance. Explore key changes in rules 10A, 21A, and 59, addressing bank account details, suspension, and details of outward supplies. Stay compliant to avoid cancellation and explore streamlined processes.
Goods and Services Tax (GST) is a crucial indirect tax system in India that affects various industries, including the hotel and tourism sector. A reduction in GST rates can have a significant impact on this industry, influencing customer affordability, domestic and international competitiveness, investment opportunities, job creation, and overall economic growth. In this article, we will explore the implications of a GST rate cut on the hotel and tourism industry in India.
