WebKnow your compliance before effective dates and prepare your documents in time. WebApr 10, 2024 · Before GST, India had a dual system of taxation for goods and services. Taxes on goods are described as "VAT" at both Central and State level and taxes for Services are described as service tax.
Goods and Services Tax (GST) What is GST in India?
WebGST On Flat Purchase 2024. Both real estate Buyers and Developers must pay Goods and Service Tax (GST). In India, homebuyers of under-construction flats, apartments, and bungalows pay 1% GST (Goods and Service Tax) for affordable housing and 5% GST on non-affordable housing. However, completed projects are exempt from this tax. Web1 day ago · India. SHARE. The Enforcement Directorate has registered a FEMA case against news broadcaster BBC India for alleged foreign exchange violations, official sources said … tallahassee primary care associates login
GST in India for its burgeoning digital economy - Quaderno
Web1 day ago · Uber India had contended the notifications were violative of Article 14 (equality before law) of the Constitution of India as they failed to satisfy the test of reasonable classification. It was stated that no differentiation in tax treatment can be created between passenger transport services rendered by auto drivers facilitated through e-commerce … WebGenesis. The idea of moving towards GST was first mooted by the then Union Finance Minister in his Budget speech for 2006-07. Initially, it was proposed that GST would be introduced from 1st April 2010.The Empowered Committee of State Finance Ministers (EC) which had formulated the design of State VAT was requested to come up with a roadmap … Web1 day ago · Denied refund of Rs 2.24 crore in service tax by the state GST department on the ... IIMA unsuccessfully appealed before the commissioner of state tax ... 15 facts about … tallahassee powersports