Questions About GST Registration Questions About GST Registration GST (Goods and Services Tax) registration is a mandatory process for all businesses that exceed the prescribed turnover limits or fall under mandatory registration categories. In this blog, we will address all questions related to GST registration in 2025. For better clarity on the topic, you can … Read more
Latest Changes in GST Rates Latest Changes in GST Rates The Goods and Services Tax (GST) system has been an essential part of India’s tax reform, simplifying the indirect tax structure and creating a unified tax regime across the country. However, the GST rates are frequently revised to meet the evolving needs of the economy, … Read more
RCM on Rent for GST Composition Dealers RCM on Rent for GST Composition Dealers The Reverse Charge Mechanism (RCM) is a unique aspect of the Goods and Services Tax (GST) system where the liability to pay tax shifts from the supplier to the recipient of the goods or services. This mechanism applies to specific categories … Read more
GST on Co-Insurance and Reinsurance Transactions GST on Co-Insurance and Reinsurance Transactions The Government of India, through Circular No. 244/01/2025-GST, has provided much-needed clarity on the GST implications of co-insurance and reinsurance transactions. This circular, issued by the Ministry of Finance (Tax Research Unit) on January 28, 2025, follows recommendations made in the 53rd GST … Read more
Key Clarifications on GST Applicability on Various Services Key Clarifications on GST Applicability on Various Services The 55th GST Council meeting introduced several clarifications regarding the applicability of GST on various services, as outlined in Circular No. 245/02/2025-GST. Key Clarifications on GST Applicability on Various Services This circular aims to remove ambiguities and ensure uniform … Read more
