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

The ruling held that bundling premix tea with various tea products is not naturally bundled and therefore constitutes mixed supply. The tax rate applicable is 5%, with the highest-rate principle ...

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 regions, each governed by compliance requirements that demand precision. When ...

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.

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 ...