2. Applicability of GST on penal charges being levied by the Regulated Entities (REs) in view of RBI instructions dated 18.08.2023 directing such Regulated Entities (REs) to levy penal charges in ...

BENGALURU: Goods and Services Tax (GST) is crucial for revenue collection, compliance, and economic growth. The Finance Bill ...

The GST reform holds immense potential to bolster India's MSME sector, but its current framework requires critical refinements to address its challenges. The upcoming budget is expected to make major ...

Under the RCM, the GST is paid to the government by the recipient of goods/ services and not by the supplier of goods/services. Read more news like this on HindustanTimes.com ...

These regulations stipulated that tenants registered under GST would need to pay 18% GST through the reverse charge mechanism (RCM) when renting from unregistered property owners. Industry experts ...