Clarifies the fast-track GST registration process under Rule 14A. The key takeaway is approval within three working days for eligible, low-risk applicants—not a guaranteed same-day ...
Both sales tax and GST are indirect taxes, meaning they are charged on transactions (purchases) instead of income, and the cost is ultimately paid by the person who buys the final product. The ...
The Central Board of Indirect Taxes and Customs (CBIC) is reportedly meeting key industry representatives this week to make sure the recent reduction in goods and services tax (GST) rates is passed on ...