GST Refund to Foreign Tourists: Govt working on Rules & Procedures
Foreign tourists may soon be able to get GST refunds in respect of their shopping of goods and services in India, as the government is working on procedures and …
Category: GST
Tobacco/ Pan Masala: GST Compensation Cess Rates Now RSP Based
Learn about the changes to the new RSP based GST compensation cess rates on pan masala and tobacco products, effective April 1, 2023.
CBIC Reduces Tax Rates for Pencil Sharpeners and Pre-Packaged Rab
The CBIC has lowered the tax rates for pencil sharpeners and pre-packaged and labelled Rab from 18% to 12% and 5%, respectively, effective March 1, 2023.
CBIC Extends GST Dispensation to Courts and Tribunals: RCM on Commercial Services
CBIC has amended its notifications to apply GST dispensation under RCM to courts and tribunals in India for commercial services like renting premises to telecommunication companies and renting chambers …
CBIC notifies ‘Nil’ GST rate for Rab (other than packaged or labelled)
The Central Board of Indirect Taxes and Customs (CBIC) has announced a reduction in the Goods and Services Tax (GST) rate for “Rab” sold without packaging and labelling from …
CBIC Exempts Government Bodies from GST for Conducting Entrance Exams for Educational Institutions
CBIC has exempted government bodies, including the National Testing Agency, from GST for conducting entrance examinations for educational institutions, effective March 1, 2023.
GST Council Updates: 49th Meeting Recommendations
In its 49th meeting, the GST Council made recommendations on GST compensation, the GST Appellate Tribunal, the approval of the GoM Report on Capacity Based Taxation and Special Composition …
CBIC Clarifications on GST Rates/ Classification: Circular 189/01/2023
CBIC has issued various clarifications regarding GST rates and the classification of certain goods, including the following key issues, in GST Circular 189/01/2023: 1. No GST will be levied …
CBIC Clarifies GST Applicability on certain Services: Circular 190/02/2023
The CBIC has clarified the issues concerning the applicability of GST to certain services, such as Air Force Mess accommodations and MeitY incentives to acquiring banks for RuPay Debit …
GST-free Residential Renting for Personal use from January 1, 2023
CBIC notifies that residential premises rented to registered persons will be exempt from GST liability beginning January 1, 2023, provided the dwelling unit is rented to a registered person …