Is GST payable on gift card, voucher purchase? Govt clarifies
In the electronic commerce space, vouchers have become a widely used tool to enhance customer engagement, drive sales, and ...
Investopedia9d
Generation-Skipping Trust (GST): Definition and How It's Taxed
Investopedia / Michela Buttignol A generation-skipping trust (GST) is a type of legally binding trust agreement in which the contributed assets are passed down to the grantor's grandchildren.
Tax Guru2d
A Comprehensive analysis of GST in India
A comprehensive analysis of goods and services tax (GST) in India. Abstract. In the midnight of June 30-july 1, 2017, India ...
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GST Council exempts gene therapy, banks’ penal charges from tax; clarifies taxation of used vehicles, popcorns
It also decided to exempt payment aggregators like Razorpay from GST on transactions up to ₹2,000 by clarifying that these are covered by the definition of the Reserve Bank of India’s ...
What is 'GST Compensation Cess'
GST compensation cess is a specific tax established within the framework of the Goods and Services Tax (GST) system in India. This tax is levied on select goods to assist states in recouping any ...
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Corporate Guarantee under GST: Legal Challenges and Taxation
The taxability of such services is governed by Rule 28 of the CGST Rules. Amendments were introduced in October 2023 4 to treat the issuance of intra-group corporate guarantees as taxable service and ...