To be eligible for the Composition Scheme under GST, a business must meet certain conditions. First one is no Inter-State Sales which means the business can only sell goods or services within the same ...

Analyzing the FM's comment on GST, ET NOW Editor-in-chief Nikunj Dalmia on Monday (March 10) said that how much of that will go through, "that is still work in progress".

Now accountants will start: oh there is input tax credit. Buddy, someone pays that 18% GST eventually (your end customer; ...

The Goods and Services Tax (GST) has been a cornerstone of fiscal reform in India. The shift to GST aimed to dismantle the complex, multilayered national tax structure and replace it with a more ...

Their numbers have been growing and their welfare has been a policy concern. But the work they do is overtaxed. The rationale ...

Section 24 (i) specifically mandates compulsory registration by a person making inter- state taxable supply. The term or phrase ‘’inter- state taxable supply’’ makes it ample clear that if the ...

India’s GST Collections: According to the data, the central GST stood at ₹35,204 crore, the State GST at ₹43,704 crore, the Integrated GST at ₹90,870 crore, and the compensation cess at ...