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Land deals are exempted from goods and services tax (GST) as ruled by the Authority for Advance Rulings (AAR), Telangana except for the works contracts within the agreement of the buyer and seller. The work contract comes under the service contractor which might indeed consist of the supply of goods in the implementation of the […]
The businesses that were urged to furnish more indirect taxes upon specific import come beneath the taxman’s lens to take the ITC upon some more amount furnished before as penalties. The Department of Goods and Services Tax (DGST) was initiated to provide the notices to the importers to take of the tax credit with respect […]
The charges of the canteen which used to collect from the employees will no more come beneath the compliance of goods and service tax now as mentioned under the tax ruling which provides some benefits to various bigger industrial and manufacturing units. In the new ruling, the Gujarat Authority for Advance Ruling (AAR) specified that […]
The Telangana Authority of Advance Ruling (AAR) specified that the GST is liable to pay on e-procurement services furnished to the Government. The petitioner, Telangana State Technology Services Limited (TSTSL) Telangana State Public Sector Undertaking and TSTSL is a Service Agency to the Telangana Government and its Departments relating to Information Technology as well as […]
CTP (Casual Taxable Person): Section 2(20) of the CGST Act, 2017 offers that the CTP is an individual who occasionally furnishes the transactions which cover the supply of goods or services or dual towards the case or progress of the business whether the principal, agent or in any other capacity, in the state or the […]
The handling and administration services through the corporate office to the group organizations along with the other construction location enrolled in distinct states acknowledge as the source of services and is subject to be taxed beneath GST stated by the Maharashtra Authority for Advance Ruling (MAAR). The ruling seems to be the next step from […]
Food delivery companies like Swiggy and Zomato have outreach near the government and asked for an explanation about the current decision to treat them at par with restaurants within the Goods and Services Tax (GST) structure. These companies expect clarification across how the GST would be imposed and either this shall lead to “tax cascading” […]
The government has told services offshoring to India and those supplied domestically for a foreign organization shall not be considered as intermediary services, allowing them not to pay the 18% Goods and Services Tax (GST), told to Economic Times on Tuesday about a policy decision that establishes the nations back-office industry. A meeting of the […]
Apparently, as the price of fuel takes its utmost speed and as a result, it’s an all-time high. There is a survey which is going around that 77 % of citizens wish to indulge petrol and diesel under the range of the Goods and Services Tax ( GST). This scrutinize has been performed by community […]
