Explains the legal situations where suppliers can correct excess GST through credit notes. Highlights that reduction in tax liability is conditional on timelines, ITC reversal, and absence of unjust ...

Highlighting a recurring pattern in GST litigation and audits, the financial expert pointed out that notifications cannot be ...

The High Court set aside a GST assessment issued after the taxpayer’s death, holding that proceedings cannot be validly ...

Domestic GST growth remains muted after September rate overhaul, while import-linked collections and refunds shape December mop-up ...

The government has issued a fresh set of GST notifications reshaping tax rates on tobacco products, scrapping the existing 28% GST slab entirely. Tobacco items will now be taxed either at 18% or 40%, ...

Next GST Council meeting likely after the Budget, with government sources flagging pan-India impact if any rate cut on air ...