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

The Supreme Court held that the mandatory GST appeal pre-deposit need not be paid only in cash. Valid input tax credit in the Electronic Credit Ledger can be used, easing cash-flow pressure on ...

The changes aim to omit the requirement of establishing the discount in terms of an agreement entered into before or at the ...

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 ...

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 ...