Asia One15h
'It was a difficult decision': PM Wong explains reasons behind GST increase
The decision to raise the Goods and Services Tax (GST) wasn't easy, but it had to be done, Prime Minister Lawrence Wong said ...
Tax Guru18h
GST amendment Credit note and ITC availment
Supplier must pay ₹18,000 GST (original liability), despite issuing the credit note. Supplier sells goods to a retailer, charging ₹18,000 GST. Retailer sells goods to consumers, charging ₹21,600 GST ...
‘Much jubilation about income tax cut, but...’: Economist warns against relying on GST, says it hurts poor
Much jubilation about income tax cut, but millions will fall out of the income tax net,” Ranade wrote, pointing out a potential contradiction between the government’s goal of widening the tax base and ...
Bar & Bench1d
Supreme Court upholds validity of powers of arrest of GST, Customs officials
The Supreme Court on Thursday upheld the constitutional validity of the provisions granting powers to Customs and Goods and ...
Hosted on MSN2mon
Hiked GST on used cars explained: No worries for individual sellers
The GST Council recently announced a significant change in the taxation of used cars, raising the Goods and Services Tax (GST) rate from 12% to 18% for vehicles sold by businesses. This move ...
"Not Even One Such Item": Nirmala Sitharaman On Concern Over GST Rise
Finance Minister Nirmala Sitharaman on Tuesday dispelled concerns over a rise in Goods and Services Tax (GST), saying that ...
devdiscourse4d
Gujarat Assembly Passes Key GST and Civil Engineering Bills, Ushering Regulatory Changes
The Gujarat assembly has unanimously passed two pivotal bills: one to amend the state's GST law in alignment with central ...