Tax Guru20h
GST Rules Amended: Key Changes in Refund and Appeals
The amendments clarify refund eligibility and appeal procedures under GST. Specifically, Rule 164 has been revised to specify ...
Tax Guru20h
GST on Medicines and Medical Goods: Government Stance
The Government of India addressed queries regarding the Goods and Services Tax (GST) on medicines and medical goods in a recent Rajya Sabha session. The GST rates and exemptions are determined by the ...
Demos9dOpinion
Taxes Explained: Tax Credits and Deductions
A tax credit directly reduces a person’s actual tax liability, or tax bill. Unlike deductions (which reduce income before ...
GoM reviewing GST on farm equipment and inputs: FM Nirmala Sitharaman
A proposal to reduce goods and services tax (GST) on agricultural equipment and inputs is being reviewed by a Group of ...