The Indian government on Wednesday announced a rate cut for the Goods and Services Tax (GST) on hundreds of goods, ranging from cars, washing machines, to small consumer goods like toothbrushes and ...

GST applies to under-construction properties while land and completed buildings remain exempt. The regime includes 1% and 5% rates without ITC, deemed land valuation, and reverse charge compliance for ...

New GST Rates The new GST rates will be implemented from 22 September. From this day onwards, billing of every item will be done according to the new rates. That is, the stores or shopkeepers who have ...

The AAR held that flavored non-alcoholic beverages without fruit pulp fall under tariff item 22029990 and attract 20% CGST ...

While there are goods that are taxed at higher than 18%, the simplified GST rate structures have reduced the tax on a bulk of the eligible goods The new rates are likely to increase consumers’ ...

Introduction:Goods and Service Tax (for short “GST”) had been a paradigm shift and radical drift after the Finance Government (for short “FG”) had revised last year from four tier GST structure to thr ...

India's GST Council has reduced the GST rate on solar cells – whether or not assembled into modules – from 12% to 5%, effective Sept. 22. The tax cut is expected to make solar cells and modules more ...

Karnataka's budget faces challenges due to GST rationalisation, widening fiscal deficit, and delayed revenue surplus goals.