The GST Council's next meeting may bring major relief for businesses, including input tax credit-related benefits on vehicles ...

Reported GST proposal may protect genuine buyers’ ITC where GSTR-2B and payment proof exist, though the proposal has not yet become ...

Nine years after GST rollout, MSMEs back the tax regime but urge reforms to improve cash flow and reduce compliance burden India's micro, small and medium enterprises (MSMEs) have expressed strong ...

The GST Council is expected to consider a proposal that could provide significant relief to businesses by protecting their ...

Insurance companies will not be able to claim input tax credit on GST paid on inputs like commissions and brokerages for individual health and life insurance policies with effect from September 22, ...

The GST Council, as widely expected, moved to a two-slab indirect tax system by retaining the 5% and 18% rates and doing away with the 12% and 18% slabs. The GST Council has been maintaining the ...

Jubilant FoodWorks challenges a ₹46.9 crore GST demand notice, asserting no financial impact from the alleged ITC reversal ...

NEW DELHI: GST officers have uncovered fake input tax credit (ITC) claims of Rs 15,851 crore in the April-June quarter of current fiscal, a 29 per cent jump over the year-ago period, even though the ...