Pre-existing operational debt disputes require genuine evidence, while undirected running-account payments may be appropriated on a first-in-first-out...
Agency in CNG distribution makes outlet operators commission agents, rendering taxable Business Auxiliary Service rather than purchasing goods for res...
Composite inpatient healthcare supply may retain exemption despite MRP medicine billing, while separate taxable sale characterisation remains disputed...
Notification amends the Integrated Goods and Services Tax (IGST) rate schedule per Council recommendations, effective mostly 22 September 2025 (with some explanatory changes effective 1 April 2025). Multiple service rates are revised-several items raised from 12% to 18%, certain transport/multimodal, renting of goods carriage, specified job-work, beauty/well-being and delivery/postal/courier/local delivery services set at 5%, job-work for diamonds at 1.5%, and specified items at 40%. Several entries impose conditional input tax credit restrictions and carve-outs. New or clarified definitions (e.g., goods transport agency, multimodal transporter, mode of transport, recognised sporting event, handicraft goods) are inserted.
Notification amends the Integrated Goods and Services Tax (IGST) rate schedule per Council recommendations, effective mostly 22 September 2025 (with some explanatory changes effective 1 April 2025). Multiple service rates are revised-several items raised from 12% to 18%, certain transport/multimodal, renting of goods carriage, specified job-work, beauty/well-being and delivery/postal/courier/local delivery services set at 5%, job-work for diamonds at 1.5%, and specified items at 40%. Several entries impose conditional input tax credit restrictions and carve-outs. New or clarified definitions (e.g., goods transport agency, multimodal transporter, mode of transport, recognised sporting event, handicraft goods) are inserted.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
