The Central Board of Indirect Taxes and Customs (CBIC) has introduced key mechanisms to automate compliance under the GST ...
Finance Secretary Tuhin Kanta Pandey emphasized the need for GST rate rationalization after gaining implementation experience ...
GST, an indirect tax on the supply of goods and services in India, is currently applied at 18% on health and life insurance ...
Implications for Recipients: The responsibility of reversing the ITC lies with the recipient. Upon acceptance of a credit note, the supplier’s tax liability decreases, and the recipient’s GSTR 2B is ...
The Hindu examines the Union Budget of 2017, presented by Arun Jaitley in the midst of two major financial overhauls: after ...
THE past few years have been challenging for Singapore businesses as they dealt with the myriad changes and administrative guidance to the Goods and Services Tax (GST) system. From the introduction of ...
Since the implementation of the Goods and Services Tax (GST) regime, the taxation framework applicable to restaurant services has undergone significant amendments. To comprehensively understand the ...
India's Goods and Services Tax ( GST) collections for January 2025 have hit ₹1.72 lakh crore, according to provisional data ...
MUMBAI: The Indian sellers collective, an umbrella body of trade associations and sellers across the country has urged the Finance minister and the GST Council to reject the recommendations of GoM ...
The Union Budget proposes GST amendments, including a Track & Trace Mechanism for evasion-prone goods, aiming to strengthen ...