For small businesses, getting tax calculations right isn’t just about compliance—it’s about staying transparent, avoiding ...
The Goods and Services Tax (GST) Council has approved a fresh two-tier tax structure of 5 per cent and 18 per cent which will come into effect on September 22. Union Finance Minister Nirmala ...
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GST on used cars: Check details on when GST rates will be applicable on pre-owned cars, EVs
The GST Council has proposed an increase in the tax rate to 18% on the margin of used car sales, which now includes electric vehicles (EVs) as well as specified petrol and diesel cars. This ...
Explains the correct process for claiming past ITC using GSTR-2B data and filing within the annual return deadline. Key takeaway: claim only reflected ITC to avoid variance notices and defer unmatched ...
The union government recently announced new GST rates for cars which has brought down the effective tax payable on all categories of cars. While sub-4m cars and SUVs benefit the most from this ...
Mumbai: Just before Diwali, the Indian government has brought great news for middle-class families. The GST (Goods and Services Tax) rates have been reduced, making many electronic items, including ...
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