With the completion of 5-years since the introduction of GST, the certainty of tax positions and ease of compliances for
New Delhi: The Supreme Court on Wednesday directed the Goods and Services Tax (GST) Council to issue advisories to all
The centre has made E-invoicing mandatory for businesses with aggregate turnover exceeding Rs 10 crore from October 1, a move
A group of ministers, mandated to look at rate rationalisation by the Goods and Services Tax Council, is mulling doing
In August 2022 the Group of Ministers (GoM) will suggest a GST regime for lottery, casino, and gaming businesses. In
In the last meeting, the GST Council promised to issue clarifications relating to various Input Tax Credit () issues under
The states had completely backed removing exemptions on many packaged food items, Revenue Secretary Tarun Bajaj said, explaining the case
Consumers may have to shell out more as several goods and services will cost higher from July 18 onwards with
One of the major positives of the GST roll-out is the consolidation of over a dozen indirect taxes into a
The Central Board of Indirect Taxes and Customs (CBIC) has released a concept paper, suggesting comprehensive changes in the GSTR-3B
With never ending changes in the law in the GST regime, digitalisation of compliances and the pace with which the international trade is growing, make it essential for businesses to
Schedule III to the Central Goods & Services Tax Act, 2017, (CGST Act) contains activities or transactions that can be treated neither as a supply of goods nor as a
Seamless flow of Input Tax Credit (ITC) is the cornerstone of a robust Value-Added Tax (VAT) architecture. Simply put, say Company A – whether a manufacturer, service provider or trader,