CBIC clarifies rules, says no GST to apply on pre-paid gift vouchers, cards
The CBIC emphasised that transactions involving vouchers themselves, irrespective of their type, do not constitute the supply ...
What is GST and who needs to register for GST?
If you are confused by personal finance terms, jargon and calculations, heres a series to simplify and deconstruct these for ...
Pani puri vendor receives GST notice for Rs 40 lakh transactions; internet mocks with "career change" suggestions
Pani Puri vendors in India are receiving GST notices as their digital transactions exceed Rs 40 lakh. The humor-infused ...
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CBIC clarifies rules, says no GST to apply on pre-paid gift vouchers, cards
In a recent clarification, the Central Board of Indirect Taxes and Customs (CBIC) provided insights into the goods and services tax (GST) treatment of transactions involving vouchers. Illustration ...
Pani Puri vendor gets GST notice as PhonePe and UPI payments cross Rs 40 lakh revenue in a year
Indian Pani Puri vendors have received GST notices after their annual digital transactions surpassed Rs 40 lakh. The rapid ...
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Clarification on GST Treatment of Vouchers by CBIC
GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing ...
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Detailed analysis on effect of GST on activities in religious places
The definition of Charitable Activities includes “Advancement of religion, Spirituality or Yoga etc.”. Thus, any service provided by the temple under a trust, which is registered in accordance with ...
Indian Pani Puri vendor received GST notice after Rs 40 lakh transaction; netizens mull 'career change'
A viral GST notice, triggered by a Rs 40 lakh transaction, to a Pani Puri vendor in Tamil Nadu has sparked widespread humor ...
Gift vouchers comprise feature of money, not to attract GST
CBIC clarifies gift vouchers exempt from GST, underlying goods/services may be taxable, distributor commissions subject to ...
Suns’ Beal stars as a reserve in win over 76ers and makes it clear he believes he is an NBA starter
Bradley Beal made the most of the unfamiliar role of substitute for the Phoenix Suns. That doesn’t mean he had to like it.
'GST Bharna Padega': Man Tells People Keeping Shirt Button Open, Holding Phone In Right Hand Will Attract Tax In Hilarious Prank
Firstly, he spot a man speaking over a phone and went to fool him by saying, "Right hand mein phone matt pakdo. GST lagta hai". On hearing this, the man stood up in confusion.