Explains how GST applies to solar power projects executed under turnkey contracts and why the 70:30 deemed valuation is ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Pexels The Goods and Services Tax (GST ...

Strong supply chains are built on trust, and trust depends on accuracy. Businesses today manage hundreds of vendors across ...

The recent GST reforms introduced by the government have made essential educational items such as stationery, books, and school fees exempt from tax, significantly lowering the cost of education.

India's GST system saw a significant update on September 22, 2025, with the launch of GST 2.0. The GST Council approved these changes during its 56th meeting, aiming to simplify tax rates and reduce ...

The 56th GST Council meet on Wednesday brought forth an array of reforms which citizens are set to benefit immensely from. One of the most significant of these is the government’s decision to exempt ...

Input Tax Credit (ITC) provisions remain consistent with Section 16(1) of the CGST Act, 2017. Registered business can claim ITC on inward supplies used in the course or furtherance of their business, ...