The Goods and Services Tax (GST) was implemented in July 2017 and multi-state GST registrations have been facing confusion regarding the process for distributing common input tax credits (ITC) availed ...
The GST Tax Exemption GSTs still serve as tools ... The exemption level is indexed for inflation, meaning these numbers have increased each year. The 40% top tax rate remains in place.
Additionally, GST exemption on renewal premiums (for policies ... Hence, they may charge this to the end consumer, meaning potentially a higher premium payable at the hands of the end policyholder.
Section 24 (i) specifically mandates compulsory registration by a person making inter- state taxable supply. The term or ...
Experts emphasize that certain industries, such as real estate, automobiles, and hospitality, have been adversely affected by ...
It combines the federal goods and services tax (GST) and sales taxes. Five provinces use the HST as of 2025. The HST was implemented in 1997 and is administered by the federal government.