Understand the GST ITC deadline under Section 16(4), the annual-return cut-off, RCM rules and retrospective relief under ...

New GST/HST Notice 339, published on October 25, 2024, provides that as of the first day of the fiscal year that begins on or after January 1, 2025, dentists will no longer be able to claim GST/HST ...

Understand blocked ITC under GST, Section 17(5) restrictions, Safari Retreats, construction credits, employee benefits, CSR and compliance.

Effective October 15, UPI payments to merchants (P2M) above Rs 2,000 will attract a 0.4% merchant discount rate with an ...

The MDR on UPI payments of more than Rs 2,000 comes into effect from October 15. The GST Council is set to meet on October 7.

Experts say GST will raise the upfront cost of accepting eligible UPI payments, but registered businesses can offset the tax ...

Under the new framework, UPI person-to-merchant transactions above Rs 2,000 will attract an MDR of 0.4% from October 15, ...

Merchants will face an 18% GST on UPI MDR charges for payments over Rs 2,000, while being eligible to claim input tax credit to ease their tax burden. Find out how this affects the digital payment ...

The Merchant Discount Rate (MDR) on select UPI merchant transactions will attract 18% GST, according to a CBIC official. GST will apply only to the MDR amount, not the transaction value. Eligible ...