The law now requires businesses to distribute ITC for common services through ISD. This eliminates optional use of cross-charge for such transactions.
Understand GST implications for Multimodal Transportation (MMT) and its distinction from Goods Transport Agency (GTA) services, covering tax rates, ITC, and compliance.
Article examines eligibility of Input Tax Credit (ITC) under GST regime on Employees’ Deposit‑Linked Insurance (EDLI) policy. We discuss statutory basis, relevant GST provisions, practical implications, and supporting legal references in clear and accessible language.
Explore GST implications for renting residential and commercial properties in India, including exemptions and tax rates for registered and unregistered tenants.
Learn the GST implications of financial, operating, dry, and wet leases. Understand supply classification, time of supply, and Input Tax Credit applicability.
