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New GST Rates: When will changes in GST rates take effect? What's the GST on medicines? | Top FAQs answered
Union Finance Minister Nirmala Sitharaman on Wednesday announced a major policy shift: individual life and health insurance policies will now be fully exempt from Goods and Services Tax (GST). Also ...
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New GST slab of 40%: Cigarettes, SUVs, what else lands in ‘sin goods’ bracket, and if they'll now cost more
A new 40% slab of GST will come into effect on September 22, along with all new rates. The 12% and 28% slabs are gone, and only the 5% and 18% ones from the current four remain. The 40% slab has ...
On May 6, 2024, the Treasury Department published TD 9996, “Relief Provisions Respecting Timely Allocation of GST Exemption and Certain GST Elections.” These regulations address the circumstances and ...
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