News

For restaurant services supplied outside specified premises, a GST rate of 5% will be applicable without input tax credit.
Starting April 2025, hotels categorized as ‘specified premises’ are required to impose an 18% Goods and Services Tax (GST) on ...
Hotels not in the specified premises category have the option to either impose the tax or continue with the 5 per cent GST on ...
From April 2025, hotels designated as 'specified premises' will charge an 18% GST on meals, affecting dining costs and events ...
Your business will need to register for GST if your annual turnover is $75,000 or more. You have a choice to register or not ...
Denying input tax credit due to procedural lapses, when the tax itself has been paid, not only causes double taxation but ...
The Supreme Court of India has directed the revenue authorities to allow taxpayers to rectify bonafide errors in the GST returns leading to allowance of input tax credit. The right to correct mistakes ...
BENGALURU: The Ministry of Finance & Corporate Affairs has sought to clear the confusion among apartment owners and resident ...
BENGALURU: With apartments now the default mode of urban living, the government is tapping housing societies to impose 18 per ...
Madras High Court held that accumulated Input Tax Credit available under previous regime which the petitioner was unable to utilise. Thus, tax liability discharged in cash during relevant period is ...
If you are planning to dine out or a stay at a luxury hotel, get ready to spend a little more than usual. From 1 April 2025, ...
Visakhapatnam: Pulapaka Anand Kumar, commissioner of the Guntur Central Goods and Services Tax (CGST) Audit Commissionerate, ...