Section 24 (i) specifically mandates compulsory registration by a person making inter- state taxable supply. The term or phrase ‘’inter- state taxable supply’’ makes it ample clear that if the ...
Recovery of credit taken based on documents issued by the ‘input service distributor (ISD)’ by subjecting it to scrutiny for eligibility thereof at recipient unit; Section 2 (61) of CGST defines ...
Increase in ITC fraud cases and amount detected in current fiscal, with measures taken to prevent tax evasion.
The GST Council has asked the Insurance Regulatory and Development Authority of India (IRDAI) to provide recommendations on ...
While lower GST could help increase penetration of insurance, some experts call for controlling medical inflation as well ...
The latest carve-up of the GST has hit Queensland’s budget while boosting Victoria’s. But it has also led to new calls for an ...
Among the most common charges are joining and annual fees. Opting for lifetime free cards or ensuring eligibility for fee ...
It was supposed to cost taxpayers just $2.3 billion. But a deal to help West Australians is now on track to punch a $60 ...
GST 'carve up' sees billions in tax dollars allocated to states and territories based on their relative need and ability to ...
FHRAI, citing data from the ministry of tourism, added that there are 417 five-star and five-star deluxe hotels nationwide, ...
Credit card is a very useful thing in today's time. Spending money from a credit card is exactly like taking a loan from a ...