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

There is no legal restriction on the time of issuing a credit note; however, it must be reported in GST returns within a specified period, typically by November 30 of the following financial year or ...

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

From April 1, hotels charging over Rs 7,500 per day will be 'specified premises' and restaurant services within will attract ...

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 ...

In a significant ruling that promises ease of compliance to taxpayers under the goods and services tax, the Supreme Court has ...

India's GST system needs a comprehensive review to improve efficiency, reduce complexity, and enhance revenue performance by ...

Unveiled during the Union Budget 2025 by Finance Minister Nirmala Sitharaman and followed by a series of announcements, these ...

Ahmedabad: The Comptroller and Auditor General (CAG) flagged inefficiencies in Gujarat's Goods and Services Tax (GST) ...

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

The 13-member GoM in its report submitted to the GST Council in December had recommended a GST exemption for premiums paid on pure term life insurance policies.