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"There is no option for restaurant's inside hotels to opt for 5% GST rate with ITC since it is covered under the definition ...
From April 2025, hotels designated as 'specified premises' will charge an 18% GST on meals, affecting dining costs and events ...
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.
"Lower rate of 5% for items of mass consumption along with zero rated tax structure for essential commodities would make GST less regressive and pocket friendly for common man." Also, tax costs might ...
Council is reportedly looking to finalise a uniform 5% GST rate on all commercial-use drones. A Business Standard report, citing sources, said that the Council may fix the GST rate in its next ...
Starting April 2025, hotels categorized as ‘specified premises’ are required to impose an 18% Goods and Services Tax (GST) on ...
2. This Court, by an order dated 10.12.2024, in W.P.No.254 of 2024 had held that flavored milk would have to be classified under Tariff Heading No.0402 9990 attracting tax at the rate of 2.5% for CGST ...
In Bangalore alone, around 50 lakh people now live in apartments, with nearly 90 lakh apartment dwellers across Karnataka.
Hajmola, a popular digestive tablet, is under GST investigation. Authorities question its classification. They want to ...
GST collections jumped 8.6% after adjusting for refunds, to ₹19.56 trillion, data from GSTN, the state-owned company that ...
Replying to a question from Rajya Sabha member Golla Baburao, Chaudhary said that GST rates are set by the GST Council, a ...