The Government clarified that GST on food products, including ultra-processed foods, is determined according to HSN classification. There is currently no special GST category for unhealthy ...
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 ...
Rajasthan AAR ruled that compostable carry bags made from polymer materials fall under HSN 39232990. The 5% GST rate applies ...
The Goods and Services Tax (GST) is a value-added tax levied on most goods and services sold for domestic consumption.
After the GST rates were changed on Wednesday, to come into effect on September 22, here are major questions being asked, and their answered as shared by officials: As per recommendations of the GST ...
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’ ...
The revision in GST rates has a two-fold impact; it not only makes vehicles more affordable but also brings relief to bike owners through slightly lower insurance premiums. Since GST is directly added ...
Monday - Friday, 11:00 - 12:00 SIN/HK | 0500 - 06:00 CET BDO India partner for Indirect Taxes, Maulik Manakiwala, says the latest GST rate cuts will fuel consumer spending and free up income for ...
India’s GST is failing to act as a tax on value addition, since its credit system has got bent out of shape. Cascades don’t just burden enterprise, they push exports back, distort value chains and ...
Non-alcoholic beverages such as mojito, rose lemonade, cucumber mint will attract 40 per cent GST, West Bengal’s Authority ...