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The Authority for Advance Ruling (AAR) has mandated International Passengers to pay GST on Goods purchased from shops within the Airports premises. Earlier the shops popularly known as Duty-Free shops were exempt from any form of tax.
The recent action of Supreme Court in regard sending notices to Ultratech Cement Ltd. for credit reversal is an indication of gazing on another manufacturer.
After the GST rollout, instead of elimination of cascading effects from prevailing indirect tax regime, the contractors have to pay GST two times.
Are you one of those employees who loves his or her office brunch? Well, then there is a bad news for you. No, we don’t mean that your office won’t be able to run canteen services but thanks to GST your sojourn with your colleagues in your office canteen got just a little expensive.
The impact of goods and services tax on the Indian army is very deep and has taken the overall debt up to 5 thousand crores. As earlier it was known that the Indian army lacked basic necessities like ammunition, arms, assault rifles, battle tanks and bulletproof jackets, now it is again under the burden of […]
A GST rate of 18% on the import of aluminium scraps is having adverse effects on a wide spectrum of small and medium scale industries.
The Indirect Tax Department stated that electricity meters will attract goods and service tax (GST). This was also confirmed by the Central Board of Excise and Customs (CBEC). Electricity does not come under GST but the rent on electricity meter is not exempted from GST.
The restaurant industry in Mumbai and Bengaluru feels good after the implementation of Goods and Services Tax (GST) and has been largely positive.
In a recent matter in Mumbai, an activist seeking information from the India Meteorological Department (IMD) about the accuracy of their warnings and alerts was asked to pay GST on the fees by the CPIO of Mumbai IMD.
