New advisory by GSTN: GST E-Way Bill rules changed; Buyers’ input tax credit is at risk if seller does not follow these new rules

The Goods and Services Tax Network (GSTN) has announced the implementation of three important changes to the GST portal, ...
Tax Guru

Export of Services: FEMA vs GST vs Income Tax

Explains why the three laws apply different export tests and highlights the unified approach needed to avoid refund losses, FEMA violations, and tax ...
inc42

Will GST 2.0 Light Up Ecommerce Festive Season Sales?

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’ ...
Skift

India Updates Consumption Tax Rules: What is Changing for the Tourism Industry

The changes in the taxation system have made one thing clear: India wants to make travel accessible to everyone, but it will not be subsidizing premium travel experiences. India’s Goods and Services ...
Law

Government, May I Fix My GST Mistake? Regulations Offer Guidance on Generation-Skipping Tax Exemption Allocation Relief

Under new final regulations, effective for relief filed on or after May 6, 2024, clients can request a private letter ruling (PLR) to correct past mistakes in GST exemption allocations and elections.

Cross-LoC trade subject to GST, rules J&K High Court; cites PoK’s legal status as part of India

A bench of Justices Sanjeev Kumar and Sanjay Parihar observed that the areas presently under the de-facto control of Pakistan ...