The rate of tax applicable on the work contract service provided by a contractor to a the developer (promoter) for construction of a real estate project shall be 12% for affordable residential ...
GST Circular No. 232/26/2024, issued by the Ministry of Finance, addresses the determination of the place of supply for data hosting services provided by Indian service providers to cloud computing ...
The CBIC has clarified that automobile dealers can claim input tax credit (ITC) on demo cars used for promoting sales, but not if used for personal purposes. Learn more about the latest GST rule.