The Indian government is preparing a major GST overhaul, replacing the 12% and 28% slabs with a simplified two-rate system of 5% and 18%. Sin goods could face a steep 40% levy.
Explore the Residual Method of Valuation under GST (Rule 31). Learn when and how it's applied, key principles, examples, and best practices for compliance.
Has LUT for exports lost its relevance? Discover why merchant exporters are shifting to IGST for faster refunds, better liquidity, and smoother GST compliance in India.
Explore whether interest income should be included in aggregate turnover for GST registration. Covers legal provisions and practical examples for accurate GST compliance.
Learn how to register for VAT in Oman with this step-by-step guide. Understand thresholds, documents, portal process, and post-registration compliance.
Explore the step-by-step process of how to calculate VAT in Oman in this guide, including examples and tips to ensure accurate tax compliance for your business.
Wondering if you can claim ITC on CGST and SGST paid in a different state? Learn the GST rules, ITC eligibility, common mistakes, penalties, and practical solutions for multi-state businesses.
Explore the key implications of Section 162BA under the GST Act, including penalties, compliance challenges, and its impact on businesses. Stay informed with expert insights and legal updates.
Discover GST rates and HSN code 7306 for other tubes, pipes of iron or steel in India. Learn the 18% tax rate, compliance tips, and more. Updated for 2025!
This article is about who is able to apply, and how to apply for Vidhwa Pension Yojana - it is a support program for women who have lost their husbands.
This article is about who is able to apply, and how to apply for Vidhwa Pension Yojana - it is a support program for women who have lost their husbands.
.avif)
%20(1).png)
%20(1).png)
