The Court ruled that cotton seed oil cake remains exempt when used as cattle feed, even if sold through traders. Taxability depends on end use, not the supply ...
Explains how exporting electricity to the grid becomes a taxable “barter” event, making electricity an exempt supply and triggering proportional ITC reversal under Section ...
New Delhi: The Civil Aviation Ministry on Tuesday said the GST exemption for flight simulators and motion simulators will help airlines and academies in reducing their expenses on training ...
With paneer, chhena, and ultra-high temperature milk now exempt from the Goods and Services Tax (GST), consumers want to know if the rates of these products will be reduced by Aavin and private brands ...
The all-powerful GST Council, headed by Finance Minister Nirmala Sitharaman, announced a slew of indirect tax reform measures last night, dubbing them ‘Next-Gen GST reforms’. One of the much-expected ...
Attention all businesses! Your GST registration may be suspended if you don't submit your bank account details on time. Make ...
After multiple rounds of pause, deliberations and delays, the rate rationalisation for insurance sector is finally set to see the light in the upcoming GST council meeting as a part of broader GST 2.0 ...
The GST Council has exempt individual life insurance and health insurance policies from GST as part of broader reforms for the indirect tax regime. Finance Minister Nirmala Sitharaman during the 56th ...