"I am Manimaran Kathiresan, practicing Chartered Accountant partner in Sekharan Associates. I am also running a YouTube channel name called 'GST India Daily' [ https://ww... w.youtube.com/channel/UCE7ghAhEZOVtjT8mfO6WK6w ]. Website: www.gstindiadaily.com" Read more >
Introduction If you’re a tour operator offering package tours to foreign tourists, and the tour covers places inside India and outside India (like Nepal, Bhutan, or Sri Lanka), then part of your service may be exempt from GST. Let me explain how this works in a simple, clear way, without legal jargon. Who Can Get This GST Benefit? This exemption is only for […]
Learn about GST exemptions on training services in art, culture, yoga, and sports under Notification No. 12/2017. Know eligibility and applicable conditions.
Explore the extended GST amnesty schemes providing relief to non-filers of returns and allowing the revocation of canceled registrations until August 31, 2023. Understand the implications and take advantage of reporting simplifications for FY 2022-23. Stay compliant and informed with the latest GST Council recommendations for a streamlined and efficient tax system.
Stay updated on the latest GST amendments designed to streamline compliance and enhance recovery processes. Explore key recommendations, including bank account details submission, system-based suspension, automatic revocation, and mechanisms for input tax credit verification. Ensure your business aligns with these changes for a transparent and efficient tax system.
In a move aimed at expanding the tax base and achieving uniformity, there have been proposals to amend the law and include online gaming and horse racing in Schedule III as taxable actionable claims.
Navigate the complexities of GST Reverse Charge Mechanism (RCM) for director services with this comprehensive guide. Learn the crucial distinction between personal and professional services, ensuring compliance with GST regulations. Stay informed to foster transparency and efficiency in your business environment.
Explore the simplified GST procedures for exempted small suppliers through e-commerce operators, introduced by Notification No. 37/2023. Understand the specialized rules, enrolment requirements, and electronic reporting designed to streamline taxation for small-scale suppliers and enhance ease of doing business.
Special procedure for electronic commerce operators involved in facilitating supply of goods by individuals or businesses paying tax who has registered under composition scheme under Section 10 of GST Act.
In a significant move aimed at simplifying tax compliance for small-scale e-commerce sellers, the Central Government has issued a notification based on recommendations from the GST Council.
Computation of GST on Development Rights: Value for Development Rights: Value of similar apartments charged by the promoter from the independent buyers nearest to the date on which such development rights or FSI is transferred to the promoter Rate of Tax: 18%
