This reduction rather than a complete waiver in GST on gross insurance premium will be beneficial for both policyholders as ...

Hotels charging room rent above Rs 7,500 a day will be considered 'specified premises' from April 1, 2025. Restaurant ...

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

The Input Tax Credit (ITC) allows you to claim credit for the GST paid on business-related purchases. Whether it is raw ...

The PAC said the inconsistencies highlight serious inefficiencies in the GST system's data validation and reconciliation ...

Option of 5% GST without ITC or 18% with ITC to be applicable on restaurant services provided at non-specified premises, ...

BENGALURU: The Commercial Taxes Department (South Zone), Bengaluru, detected GST evasion by a lead ingot manufacturer and ...

CBIC clarifies GST on restaurant services in hotels with room rent exceeding Rs 7,500/day. Learn about the new rules, ...

Recovery of credit taken based on documents issued by the ‘input service distributor (ISD)’ by subjecting it to scrutiny for ...

New Delhi, Mar 27 (PTI) Hotels charging a room rent above ₹ 7,500 a day at any time in any financial year will be considered 'specified premises' for the next fiscal and restaurant services provided ...