Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Pexels The Goods and Services Tax (GST ...
The ruling held that bundling premix tea with various tea products is not naturally bundled and therefore constitutes mixed supply. The tax rate applicable is 5%, with the highest-rate principle ...
The Court ruled that trade with PoK falls within India’s taxable territory, attracting CGST and SGST. Key takeaway: PoK is treated as part of India for GST place-of-supply ...
GST 2.0 seems to have fired up the consumption engine in the economy with the growth in “taxable supplies” (goods and ...
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New GST Reforms: School Supplies and Fees Tax-Free
The recent GST reforms introduced by the government have made essential educational items such as stationery, books, and school fees exempt from tax, significantly lowering the cost of education.
Strong supply chains are built on trust, and trust depends on accuracy. Businesses today manage hundreds of vendors across ...
India's GST system saw a significant update on September 22, 2025, with the launch of GST 2.0. The GST Council approved these changes during its 56th meeting, aiming to simplify tax rates and reduce ...
Common use items from roti/paratha to hair oil, ice creams and TVs will cost less, while tax incidence on personal health and life insurance will be brought down to nil after the all-powerful GST ...
Milky Mist Dairy Food Ltd.'s CEO, K Rathnam, hails the GST rate reduction on dairy products as a significant boost for consumers and farmers. The move will make nutritious products like cheese and ...
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GST 2.0 Reforms Trigger Strong Consumption Surge, Taxable Value Up 15% In Sept–Oct: Govt Official
While most sectors underscored the breadth of the consumption uplift, textiles and two-wheelers saw a dip after the GST 2.0 reforms.
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