Indirect taxes Insights Hub. Access a wealth of articles authored by indirect tax experts, offering practical guidance on planning, structuring and management to enhance compliance and minimize tax liabilities.
21
Feb
Exploring the Decisions and Dynamics of India’s GST Council
In 2017, India adopted a new tax rule called GST, or Goods and Service...
19
Feb
49th GST Council Meeting – Major Takeaways
The 49th GST council meeting chaired by the Finance Minister, Smt Nirmala Sitharaman, discussed many issues at...
11
Feb
Input Tax Credit on CSR Expenses is Denied
GST law is based on the value added concept whereby one is required to pay tax only on...
09
Feb
Analysis of Proposed Amendments in Indirect Tax Law in Budget 2023
Honorable FM, Madam Nirmala Sitharaman...
03
Feb
ITC on Personal Effects
A question that often arises in a common buyer’s mind is whether or not they will...
02
Feb
ITC on Purchasing Motor Vehicles and Their Repairs
A lot of car dealers get this question from...
30
Jan
Expectations From the Upcoming Union Budget
We are just 2 days away from a historical, promised budget where the Hon’ble Finance...
19
Jan
ITC Can Be Claimed on the GST Paid for Distributable Promo Merchandise
All tax-paying businesses are eligible for...
16
Jan
ITC on Damaged Goods
Let us suppose that a car dealer owns a warehouse full of cars. Due to a natural calamity, this warehouse...
11
Jan
ITC Eligibility When the Supplier Has Not Paid GST to the Government
All tax-paying businesses are eligible for a certain amount of...
10
Dec
Bringing the Power Sector Under GST – What Will It Mean?
Since the introduction of GST in India a few years ago, there has been much...
01
Dec
Are Discounts Really Incentives, and Should They Be Taxed?
As one might experience, big Car manufacturers (popular known as Original Equipment...