If an unregistered landlord rents out a commercial property to a registered tenant, the reverse charge mechanism (RCM) applies. In this scenario, the tenant is liable to pay 18% GST directly to ...

As the financial year ends, businesses and taxpayers must meet critical GST-related deadlines to avoid penalties and maintain ...

March 2025 is crucial for GST compliance, requiring businesses to complete 16 key actions. These include reconciling outward ...

GST Council meeting: During the 54th GST Council meeting, the renting of commercial properties has been brought under the Reverse Charge Mechanism (RCM), according to Revenue Secretary Sanay Malhotra.

The Firm accepts no responsibility or liability (whether by statute, in equity, in tort or otherwise) for any loss or damage (economic or otherwise) suffered by any person who relies or acts upon any ...

G lobal telecom major Vodafone Idea Limited has been ordered to pay a penalty of Rs 16.96 crore for alleged non-payment of GST under the reverse charge mechanism. The GST demand order was passed ...

Nishant Patnaik, Associate Editor, Cafemutual gave invaluable insights on GST compliance for MFDs at the recently concluded Cafemutual Ideas Fest (CIF) 2025.

Previously, businesses had the option to utilize either the ISD mechanism or the cross-charge method for allocating common ITC to their other GST registrations. However, the Central Board of ...