Understanding GST returns in India: What every business should know

GST returns are a key part of running a business in India. Every registered business must report its sales, purchases, and ...
CNBC

India cuts tax rates to spur consumption, blunt tariff impact

India's GST was simplified to a two-rate structure of 5% and 18%, instead of the current four slabs. An additonal 40% tax on "super luxury" and "sin" goods was also introduced. The tax cuts are " ...
Hosted on MSN

GST on petrol, diesel, alcohol: Are fuel, liquor getting cheaper from today? Here's what you should know

New GST Rates Today: India's indirect tax system is getting overhauled from Monday, September 22, with GST (Goods and Service Tax) on at least 375 getting slashed in an effort to boost the economy ...
Tax Guru

No Option for 18% GST as Outdoor Catering Falls Under Mandatory 5% Entry: AAR Tamilnadu

The issue was whether taxpayers could choose between concessional and standard GST rates. The AAR held that once classified ...
Tax Guru

Biodegradable Claim Outside AAR Scope; GST Rate Depends on Classification

The ruling held that concessional GST rate applies only if bags qualify as biodegradable under the notification. It clarified ...