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

Learn how you can simplify your tax compliance with the help of a GST calculator, and find out how Bajaj Finserv Business ...

The Life Insurance Corporation of India (LIC) has received a Rs 105.42 crore demand notice for short GST payment over seven ...

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 ...

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 ...

Mumbai-based Nazara received an order dated January 31 from the Additional Commissioner of CGST & Central Excise with a tax ...

The Madras High Court stated that GST registration and payment of tax after inspection is not a voluntary conduct.The Bench ...

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

Fintech company Infibeam Avenues has received a tax demand and penalty notice totalling INR 32 Cr from Gujarat GST authorities.

LIC has received a Rs 105.42 crore GST demand notice for short payment over seven financial years. The demand includes ...