Category: Goods and Services Tax
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KEY TAKEAWAYS – 53rd GST COUNCIL MEETING
The 53rd GST Council meeting focused on easing compliance burdens and providing relief to taxpayers. Here\’s a summary of the key takeaways from 53rd GST Council meeting : Exemptions: Railway tickets, waiting room charges, and other railway services are now exempt from GST. Additionally, hostel accommodation charges (up to Rs 20,000 per person per month)…
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GST Reporting in case of Restaurant Services Through E-Commerce Operator
Previously, restaurants were responsible for paying GST on services provided through E-Commerce Operators (ECOs). However, starting from January 1, 2022, the GST Council has expanded the scope of section 9(5) to include restaurant services. Under this new provision, GST on restaurant services supplied through ECOs is to be paid by the ECO in cash at…