Employee Diwali gifts may spread festive cheer, but GST law under Section 17(5) blocks Input Tax Credit on such expenses. Learn why these gifts are treated as free supplies and how to stay ...
Duty on capital goods removed from MOOWR units should be calculated by allowing depreciation, or duties should be waived or reduced for fully depreciated goods.
Gujarat High Court rules refund for double IGST payment cannot be denied on Customs Act limitation grounds, as revenue cannot retain tax paid without authority of ...
According to the audit report, the inspection of the Electrical Division No. 3 accounts for the period April 1, 2022, to ...
LAHORE: As many as 2,546 vehicles with a history of prolonged delay in the payment of e-challans have been blacklisted by the city traffic police in the provincial database, declaring their owners ...
2:24 Conservatives grill Carney Liberals over budget watchdog report estimating $68.5B deficit hike Should the federal government raise the goods and services tax (GST) as a means of paying down the ...
When you buy new residential real estate, like a condo or house, you pay sales tax. Depending on your province or territory of residence, this includes goods and services tax (GST), harmonized sales ...
Federal workers are flooding social media Wednesday with confusion and frustration as the government shutdown leaves most of them without pay. On the Reddit forum r/NIH, joined by 33,000 members ...
VIJAYAWADA: The state assembly on Friday unanimously passed the Andhra Pradesh GST (amendment) bill 2025, tabled by finance minister Payyavula Keshav, after a detailed discussion. Presenting the bill, ...
The automobile sector stole the spotlight with historic numbers. Under the new GST structure, smaller sub-4 metre cars were moved into the 18 per cent slab, while the compensation cess on automobiles ...
The revised Goods and Services Tax (GST), announced earlier this month, will come into effect from tomorrow, with only two rates remaining in place: 5 per cent and 18 per cent. A special 40 per cent ...