The Goods and Services Tax (GST) Council at its 54th meeting in New Delhi on September 9 decided to bring renting of commercial property by an unregistered person to a registered person under Reverse ...

The government will consider and then place industry’s demand to shift the GST levy on purchase of scrap metal to a reverse charge mechanism before the GST Council, in view of the operational ...

The June circular allows the transaction value for the import of services between group companies to be considered ‘nil’, provided the recipient can fully avail the input tax credit. (Image/Reuters) ...

New Delhi [India], May 21: Select suppliers who provide taxable goods or services are subject to reverse GST (Goods and Services Tax). The recipient of services or goods, not the supplier, is ...

Hyderabad:The reverse charge mechanism, which will plug loopholes in the administration of the Goods and Services Tax (GST) regime and increase the government’s revenue, is likely to increase the ...

Global telecom major Vodafone Idea Limited has been ordered to pay a penalty of Rs 16.96 crore for alleged non-payment of GST under the reverse charge mechanism. The GST demand order was passed ...

Slug: Shock for small businessesAhmedabad: The GST department has introduced new rules, effective from Oct 10, that will impact tenants of leased commercial properties. Under these rules, if the ...

From January 1, GST would not be payable on housing units rented to the proprietor of a proprietary concern for residential usage only, the CBIC has said. The Central Board of Indirect Taxes and ...