For years, the real estate sector in India has wrestled with a persistent question: Does GST apply to the sale of an under-construction property if the buyer acquires it “as…
Rule 96(10) of the Central Goods and Services Tax (CGST) Rules, 2017, placed restrictions on exporters from claiming refunds on Integrated Goods and Services Tax (IGST) paid on exports. This…
In the complex world of taxation, particularly under systems like the Goods and Services Tax (GST) and various income tax provisions, the use of fraudulent documents such as fake invoices…
Goods and Services Tax (GST) was introduced in India as a comprehensive indirect tax on the manufacture, sale, and consumption of goods and services throughout the nation. Its aim is…
Goods and Services Tax (GST) has transformed the Indian economic landscape since its implementation in July 2017. GST has brought about a uniform taxation structure, ensuring the seamless flow of…
Navigating the vast and intricate world of finance can be both challenging and enlightening, especially when it comes to understanding rental properties and the ensuing tax implications. This article serves…
Amalgamation characterizes the unification of two or more companies to form a single, more extensive entity. It’s a strategic maneuver often undertaken to amplify the corporate entity’s market reach, attain…
Since its inception, the Goods and Services Tax (GST) has continuously evolved, seeking to simplify compliance while ensuring effective tax administration. The role of the GST Council is pivotal, introducing…
In the diverse tapestry of India’s taxation framework, the Goods and Services Tax (GST) is a critical unifier of indirect taxes, streamlining the complexities into a more cohesive structure. Within…
The Goods and Services Tax (GST) is a comprehensive, multi-stage, destination-based tax system in India. It replaced several cascading taxes levied by the central and state governments. For businesses exceeding…
The realm of Goods and Services Tax (GST) in India has been continually evolving to plug loopholes and enhance compliance, ensuring a robust taxation environment. One important component of GST…
The Goods and Services Tax (GST) has changed the landscape of taxation in India, integrating various indirect taxes into a single streamlined system. However, the transition hasn’t been entirely smooth…