For e commerce exports, GST has created an Integrated GST (IGST). Importing goods incurs an IGST whilst the exporting side is zero rated, which allows businesses to get refunds on money spent on ...

The Input Service Distribution (ISD) mechanism will enable businesses with branches in multiple states to consolidate invoices for common input services (domestically sourced or imported) at a central ...

The GST Council, in its 55th meeting on December 21, 2024, had decided to reconstitute the Group of Ministers (GoM) on GST revenue analysis with a revised ToR. The GoM was first set up in 2019.

Always puzzled and novice when comes to the GST ITC (Input Tax Credit) on goods or service or both used for construction of immovable properties when such properties are used in in the course or ...

Prime Minister Lawrence Wong defended the GST hike, but netizens argue it could have been delayed given the already high prices and economic burden, with many pointing out that price increases have ...

Gross GST collections rose by 9.1 per cent to about Rs 1.84 lakh crore in February, official data showed on Saturday.

Add articles to your saved list and come back to them any time. The cost to federal taxpayers of placating West Australians angry over the carve-up of the GST is on track to reach $60 billion as ...

Add articles to your saved list and come back to them any time. The Albanese government is facing demands for another overhaul of the way the GST is shared after the Commonwealth Grants Commission ...

The GST Council has reconstituted the Group of Ministers on GST revenue analysis with an expanded ToR, focusing on sector-specific issues, tax evasion, and revenue augmentation.