Objective of this Article The Objective of this article is to clarify the concept of Intermediary services , and its definitions and implications under GST,addressing the common ambiguities that business and tax professional faces. This includes explaining the crieteria for determining intermediary services, outlining the tax implications. By providing detailed insights and illustrative examples, the … Read more
What is an e-commerce operator in GST? Here we discussed gst on electronic commerce operators in which Electronic commerce Operators (ECO) is displays products as well as services which are actually supplied by some other person to the consumer, on their electronic portal. The consumers buy such goods /services through these portals. On placing the … Read more
GST on online gaming in India 2023 is topic to understand in deep as the Directorate General of GST Intelligence (DGGI) has given the Karnataka-based online gaming company Gameskraft Technologies Private Limited a show-cause notice for the amount of INR 21,000 crore. The reason for the notice is that Gameskraft Technologies Private Limited did not … Read more
From 01.04.2019 there is drastic change in GST for real estate sector. There is GST of 1%, 5% and 12% depending upon the construction project. In real estate sector, the major challenge is deciding the accurate GST rate. Many buyers of residential and commercial properties remain in confusion due to different GST rates charged by … Read more
GST on hostel accommodation services have undergone some changes from July,2022. Withdrawal of gst exemption in accommodation under gst is going going to take effect from 18.07.2022. If accommodation charges in hotels, , inn, guest house, club or campsite is up to Rs 1000 per day, then it is exempt till 17.07.2022. But w.e.f. 18.07.2022 … Read more
Transportation plays the most important role in the economy of India as it connects all the businesses concerned with goods. Any changes or problems in transportation sections always affects the the entire business channel. Goods transportation is done by road, by rail, by vessels and by air. Here we are going to discuss about changes … Read more
This article covers complete information about works contract along with works contract hsn code and gst rate. In works contract services, total three types of Works Contract GST rates on works contract services. That is 18% GST, 12% GST and 5% GST. Let me clear here, hsn code will be always 9954 for works contract … Read more