A practical guide on how India taxes imported digital services, explaining GST under RCM and when TDS applies. Key takeaway: Buyers, not sellers, bear compliance and potential extra ...

The authority held that rent paid for residential dwellings taken from unregistered landlords attracts GST under RCM. It further ruled that ITC is not available since the accommodation provided to ...

The impoters have welcomed the latest Supreme Court orders by which the goods and services tax (GST) is not payable on sea import freight service on reverse charge mechanism (RCM) basis in case of ...

“In order to ensure that the standard rate is kept close to the RNR, the maximum possible tax base should be taxed at the standard rate,” it said. Companies will not have to deduct GST under reverse ...

The Central Association of Private Security Industry (CAPSI) has written to Prime Minister Narendra Modi requesting a re-look at the 18 per cent GST levied on them. The Association is protesting ...

The Central Board of Indirect Taxes and Customs (CBIC) is likely to introduce a mechanism to track reverse charge liability of businesses under the Goods and Services Tax (GST) framework to improve ...

The Fitment Committee, comprising of state and centre revenue officials has deferred its decision regarding Goods and Services Tax (GST) compliance issues for Foreign Shipping Lines (FSLs) in India.

From January 1, GST would not be payable on housing units rented to the proprietor of a proprietary concern for residential usage only, the CBIC has said. The Central Board of Indirect Taxes and ...

Amid one of the largest tax claims, lobby group Nasscom came out in support of the poster boy of the Indian IT sector, arguing that the latest tax action reflected a lack of understanding of the ...