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GST

Real estate GST: Builders can choose between two GST rates

The GST council, on Tuesday, decided that builders who have buildings under construction can be given the option to choose a GST rate with input tax credits (ITC)...
GST

GST compliance now close to 70%: GST Network chief

The chief executive officer of the Goods and Services Tax (GST) network has termed the GST compliance level as satisfactory with 70% of the...
Removal-of-input-tax-credit-for-Goods-and-Services-Tax-impacts-restaurants

Expansion plans of restaurants take a hit due to Goods and...

The withdrawal of input credit for restaurants under the Goods and Services Tax (GST) regime is expected to affect the expansion plans of these...

GST on food bills slashed to 5% for both AC and...

In a move that would make food bills lighter, the goods and services tax or GST on food served in restaurants has been revised...