The method of calculating the GST rating score focuses on the taxpayer's compliance under GST rules and regulations. Hence, the following aspects relating to GST compliance would have an impact on the ...

The Goods and Services Tax (GST) Council, in its 55th meeting, clarified taxation rules for the sale of old and used vehicles, including electric vehicles (EVs). A uniform GST rate of 18 per cent ...

Section 122 incorporates stringent provisions to impose penalties for non-compliance with GST laws. This section covers a broad spectrum of offences, ranging from non-issuance of invoices and ...

This is to make security on GST portals tighter ... 2024 commonly known as RoW rules on 19 September, 2024. In effect from January 1, 2025, these regulations are established to control the ...

Since registered dealers are engaged in the regular business of buying and selling vehicles, these transactions fall under the definition of a "supply of goods" according to GST regulations ... as GST ...

Input Service Distribution or ISD in not a new concept in India, its familiarity dates back to the Service Tax Era. The Service Tax law upheld the principle that credits relating to any input service ...

Several new laws and regulations in Ontario are set to change next month that will affect business owners and people across ...

In May 2023, the Centre appointed Sanjaya Kumar Mishra, former Chief Justice of the Jharkhand High Court, as the GSTAT ...

2. Valuation under the GST laws and PLI Under the PLI scheme, the applicants have to first submit an ‘application for eligibility’ and then periodically submit ‘disbursement claims’, both ...