Antimatter does have reverse charge, but sadly, not reverse gravity. Why? We should follow the standard presentation to address this question. There were prior reasons to suspect that negative energy ...

Generally, the supplier of goods or services is liable to pay GST. But in some cases, like imports and other supplies, the liability is on the recipient under the reverse charge mechanism. Generally, ...

The Ministry of Finance (MoF) has announced the issuance of Cabinet Decision No. 153 of 2025 regarding the application of the ...

I understand that one of your reports has recently been approved by the Committee for Economic and Monetary Affairs. Could you explain what this report is about and what it aims to achieve? I presume ...

A year after the PM Modi-led government rolled out the Goods and Service Tax (GST), several changes have been proposed to smoothen the transition as well as widen government's tax base. Proposals to ...

The June circular allows the transaction value for the import of services between group companies to be considered ‘nil’, provided the recipient can fully avail the input tax credit. (Image/Reuters) ...

The recent proposals to amend GST rules include one to dilute the reverse charge mechanism (RCM). While many industry lobbies as well as tax consultants want this feature scrapped altogether, the ...

Providing a big relief to small mutual fund distributors, the GST council, headed by Finance Minister Arun Jaitley, has deferred the implementation of reverse charge mechanism (RCM) by another one ...

The measures taken pursuant to the provisions of Federal Decree Law No. 8 of 2017 on Value Added Tax and its amendments, and Cabinet Resolution No. (52) of 2017 Regarding the Executive Regulations of ...

The measures taken pursuant to the provisions of Federal Decree‑Law No. 8 of 2017 on Value Added Tax and its amendments ...