Learn how GST classification works for goods and services, its importance, key schedules, HSN codes, and interpretative rules guiding correct tax rate determination.
Global tax system is struggling with digital economy’s value creation. OECD’s Pillars 1 & 2 introduce new taxing rights and a 15% minimum tax to combat profit shifting.
Bombay HC ruled that the omission of GST Rules 89(4B) and 96(10) nullifies all pending proceedings, as the repeal lacked a savings clause. Exporters get relief on refund claims.
Summary of the 56th GST Council meeting, detailing new tax rates, procedural reforms, and changes to ITC rules for businesses and consumers.
The Supreme Court reaffirmed the validity of CGST Act 2017 Rules, Rule 89(5), allowing refunds only for inputs under inverted tariffs, as per Section 54(3).
Explore the impact of Integrated Goods and Services Tax (IGST) on imported goods in India, comparing pre- and post-GST scenarios for insights into tax structure changes.
Discover how SEBI-registered investment advisers can guide your investment journey with comprehensive advice, ensuring ethical, transparent services tailored to your financial goals.
The scope of this article is primarily focused on the compliance of individuals with the tax system, excluding corporate entities and other legal persons. The objective is to assess the overall impact of compliance costs on a broader scale by applying determinants of compliance costs to various categories of taxpayers.
Explore the impact of Double Taxation on international business, the role of Double Taxation Avoidance Agreements (DTAA), benefits, and case laws. Learn how to apply DTAA for tax relief
