Section 24 (i) specifically mandates compulsory registration by a person making inter- state taxable supply. The term or phrase ‘’inter- state taxable supply’’ makes it ample clear that if the ...
The applicant argued that its services should be classified under printing services (HSN 9989) and qualify as exempt under ...
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GST Council Meeting Highlights: Key Recommendations To Provide Relief To Individuals And BusinessesJaisalmer: From reducing the GST rate on fortified rice kernel (FRK) to fully exempt GST on gene therapy, the 55th GST Council meeting, chaired by Union Finance Minister Nirmala Sitharaman, on ...
Since you will send the goods to a party in India, this is not an export transaction and so, the supply attracts GST. It will not be zero rated. You will have to prepare a GST invoice in rupee ...
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A full GST exemption on life insurance premiums could mean more expensive premiums for policyholders. Here’s why?which has been paid on the purchase or inward supply by the life insurer, is not getting any credit due to GST exemption, it will become a cost, taking the potential total premium payable by term ...
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