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Insights
Applicability of GST on reimbursement of electricity charges received by real estate companies, malls, airport operators etc. from their lessees/occupants.
Background Following the recommendations of the 52nd GST Council Meeting, the CBIC has provided clarification regarding the applicability of GST on reimbursement received from lessees
RECOMMENDATIONS MADE BY THE GST COUNCIL IN ITS 50TH MEETING HELD ON 11th JULY 2023
During its 50th meeting on July 11, 2023, the GST Council put forth several suggestions regarding GST compensation cess, the GST Appellate Tribunal, a specialized
E-invoicing mandatory for businesses with an annual aggregate turnover exceeding Rs. 5 crore
The Government of India has made e-invoicing mandatory for businesses with an annual aggregate turnover exceeding Rs. 5 crore from August 1, 2023. This was
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