Understand the Goods and Services Tax (GST) and its impact on businesses. Learn about GST rates, compliance requirements, and its role in simplifying taxation. Stay updated with the latest GST news and updates.
CA, CS, CMA : The update discusses GST rulings on ITC and refunds, income tax relief interpretations, and insolvency reforms. It also covers dis...
Goods and Services Tax : The court held that recovery cannot proceed against a legal heir without determining liability under Section 93, reinforcing due p...
Goods and Services Tax : The comparison shows how large-scale frauds go undetected for years while professionals face immediate coercive action. Courts hav...
Goods and Services Tax : The law prohibits all real-money online games regardless of skill, marking a major shift from earlier legal precedents and reshapi...
Goods and Services Tax : The issue was classification of bundled hotel services under GST. It is clarified that naturally bundled services are taxed as com...
Goods and Services Tax : The representation highlights ambiguity in whether the ₹2.5 crore ITC threshold should be annual or cumulative. It emphasizes th...
Goods and Services Tax : Authorities arrested the key accused for orchestrating fake ITC claims and fictitious export transactions. The case highlights str...
Goods and Services Tax : Authorities uncovered fraudulent ITC claims exceeding ₹8 crore without actual supply of goods. The ruling highlights that ITC is...
Goods and Services Tax : The case highlights that summons lacking details of the underlying inquiry violate procedural fairness. It underscores the need fo...
Goods and Services Tax : CBI arrested GST officials for demanding a bribe to facilitate registration approval. The case highlights strict enforcement again...
Goods and Services Tax : The court held that an adjudication order passed without considering the taxpayer’s reply is unsustainable. It remitted the matt...
Goods and Services Tax : The Court held that a single show cause notice covering multiple assessment years is not legally sustainable. Authorities were per...
Goods and Services Tax : The ruling highlights that ignoring a taxpayer’s additional reply and request for hearing renders the order unsustainable. The c...
Goods and Services Tax : The court held that the revised 18% GST rate is applicable, but deferred recovery of the 6% differential tax as reimbursement from...
Goods and Services Tax : The Court removed the requirement to verify “authorized operations” for earlier transactions, holding that the condition was i...
Goods and Services Tax : The GST portal launches an Excel-based IMS Offline Tool to help taxpayers efficiently manage and process invoices. It enables bulk...
Goods and Services Tax : CBIC extends due date for filing March 2026 GSTR-3B to April 21, 2026, for registered persons under Section 39 of the CGST Act....
Goods and Services Tax : GSTN clarified that system-calculated interest for February 2026 was incorrectly reflected in March returns due to a technical iss...
Goods and Services Tax : GSTN has enabled editing of the pre-deposit percentage in APL-01 filings. The change allows taxpayers flexibility, while verificat...
Goods and Services Tax : Taxpayers faced issues filing appeals where adjudication orders showed zero demand. GSTN clarified that such system limitations re...
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.
