Always puzzled and novice when comes to the GST ITC (Input Tax Credit) on goods or service or both used for construction of immovable properties when such properties are used in in the course or ...
The Goods and Services Tax (GST) was implemented in July 2017 and multi-state GST registrations have been facing confusion regarding the process for distributing common input tax credits (ITC) availed ...
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 ...
For the first time, Victoria shifts to become a relative beneficiary in a new carve-up of the GST, and will receive a "significant" $3.7 billion increase to its GST take.
A pivotal case before the Bombay High Court is set to determine whether doughnuts should attract a 5 per cent or 18 per cent ...
“Mahakumbh started from Jan 13 to Feb 26, so more than half of Jan should have some Kumbh impact in terms of higher GST. Let's see Feb numbers,” another user said. “You mean Hotels and ...
Gross GST collections grow 9.1 pc to about Rs 1.84 lakh crore in February. GST collections for January reached Rs 1.96 lakh crore, marking a 12.3% increase compared to the same period last year. In ...
"The Parliament, under Article 246-A of the Constitution, has the power to make laws regarding GST and, as a necessary ... sense but given their broadest meaning and the widest amplitude because ...
Singapore opposition leader and WP chief Pritam Singh criticised the government during the Budget 2025 debate. He questioned the need for a GST hike, which he said "turbocharged" inflation, ...
ISLAMABAD: The Federal Tax Ombudsman (FTO) has strongly recommended the Federal Board of Revenue (FBR) to consider sales tax exemption on local sales of bun and rusk in the coming federal budget ...
arguing that the GST increase has contributed to the higher cost of living in Singapore. “Let us also not forget that larger surpluses that go into the reserves mean bigger cost burdens on ...
"Why the PAP went headlong and headstrong into raising GST and thereby turbocharging inflation further, is something only the PAP itself can answer to Singaporeans for." In his speech, Mr Singh ...
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