Explore the evolution of GST Reverse Charge Mechanism (RCM) provisions since 2017, with practical examples and updated notifications for registered ...

In another significant relief, UAE recipients would be eligible to recover input credit of the VAT paid under RCM on imported services even if it did not issue a tax invoice to itself. The UAE ...

Ride-hailing firm, Bolt wants Parliament to exempt it from provisions of the Tax Procedures Act that requires the industry to generate real-time electronic tax information management system (eTIMS) ...

The New Delhi Bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has stated that legal & consultancy services under RCM is liable to service tax. The Bench of Binu Tamta ...

Lawmakers in Nigeria’s Senate and House of Representatives are set to commence a five-day public hearing on the Tax Reform Bills, a key legislative effort aimed at restructuring the country’s ...

An advisory dated November 27, 2024, from the Goods and Service Tax Network (GSTN) said, "GSTN has prepared a consolidated document on authorized B2B e-Invoice verification apps available for ...

GST: Buyers will not be able to claim input tax credit (ITC) if specified sellers or suppliers do not upload the e-invoice within 30 days from the date of its generation. "From 1st April 2025 ...

The recipient must file the GST returns for availing credit of eligible input tax. Thus, ensuring that the above conditions are met is essential, enabling the recipient to claim input tax credit.

Why the court should not give favorable tax treatment to the wealthy.