India may soon mandate the invoice management system for large transactions to curb tax evasion and enhance GST compliance.

It may be noted that GST rate on hotel accommodation depends on the amount paid per room accommodation per day. Presently from 18.7.2022 onwards, GST is 12% for a room in a hotel which would cost upto ...

The government's retrospective amendment to the Finance Bill 2025 overrides the Supreme Court's ruling from October 2024, ...

The GoM had also suggested lowering the GST rate on all individual health insurance policies to 5%, without the option of ITC ...

Availability of ITC on construction costs has been restricted retroactively from July 1, 2017, impacting commercial real ...

GST authorities have imposed penalties totaling Rs 115.86 crore on IndiGo for not recognizing certain services as 'export of ...

Insurers argue that a complete exemption will lead to denial of input tax credit and the increased costs will have to be passed on to the consumers, negating the intended benefit of exemption ...

A new Budget amendment necessitates suppliers to ensure buyers reverse input tax credits (ITC) before claiming adjustments ...

According to a recent exchange filing, IndiGo’s parent firm, InterGlobe Aviation, has received demand orders for goods and services tax (GST) of ₹116 crore. The airline is challenging these rulings in ...

The Gujarat High Court on Thursday (February 6) dismissed the regular bail plea of journalist Mahesh Langa in an alleged case ...

GST authorities have imposed penalties totalling Rs 115.86 crore on IndiGo, the airline said in a regulatory filing on ...

The accused were earlier arrested by Itanagar Police from Darbhanga in a forgery case on a complaint lodged by the CGST ...