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Commercial property rentals now under Reverse Charge Mechanism: GST Council
GST Council meeting: During the 54th GST Council meeting, the renting of commercial properties has been brought under the Reverse Charge Mechanism (RCM), according to Revenue Secretary Sanay Malhotra.
Vodafone Idea Hit With ₹17 Crore GST Demand For Non-Payment Under Reverse Charge Mechanism
Global telecom major Vodafone Idea Limited has been ordered to pay a penalty of Rs 16.96 crore for alleged non-payment of GST ...
Tax Guru12d
GST not Payable on liquidated damages for breach of exploration obligations
The case involved the termination of a Production Sharing Contract (PSC) for petroleum exploration in the Joint Petroleum Development Area (JPDA) shared by Timor-Leste and Australia. The Gujarat ...
Budget impact from GST perspective
BENGALURU: Goods and Services Tax (GST) is crucial for revenue collection, compliance, and economic growth. The Finance Bill ...
Business Insider India6y
Here’s how the proposed changes to GST could affect businesses
This change would align the GST laws with labour laws, resulting in a more employee friendly environment. Disparity caused by the lack of the reverse charge mechanism (RCM) This particular ...
Budget 2025-26: FM announces changes in GST laws
Finance Minister Nirmala Sitharaman on Saturday announced changes in the Goods and Services Tax (GST) laws under the Union ...
Budget 2025-26: Paving Way For Sustainable And Self-Reliant Recycling Ecosystem
As India gears up for the Union Budget 2025-26, the focus on sustainability and resource self-sufficiency has never been mor ...
The Free Press Journal6d
Vodafone Idea Hit With ₹17 Crore GST Demand For Non-Payment Under Reverse Charge Mechanism
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 ...