It applies to all the products and services used in the country. Insurance is registered under financial services in our country. Therefore, GST is also levied on its premium. Premium is the amount ...

According to the study, the Goods and Services Tax is “moderately progressive” and has had positive redistributive effects as ...

Who will have to pay GST on second-hand cars? As mentioned, the GST is not applicable on individual to individual sale of a pre-owned vehicle. This is regardless of whether the said vehicle is ...

The Finance Ministry has clarified that there is no proposal to reduce GST rates on farm equipment, stating that any such ...

GST rates on clothing and footwear in India vary based on price, material, and embellishment. Garments and shoes priced above ...

The valuation method under Rule 31A essentially refers to the way the government decides how much value to assign to a ...