Before the several types of GST (Goods and Services Tax), India"s tax landscape was a labyrinth of various taxes, complicating matters for businesses and the government alike. GST emerged as a ...

LIC faces ₹2,370 crore GST demand from Maharashtra over excess ITC claims for FY22-24. Insurer plans appeal, assures no impact on operations amid minor share dip-latest updates on tax notice.

Government consults stakeholders and expert GoMs to rationalize GST rates, reducing disputes and promoting transparent ...

The GST Council has approved a major overhaul of the Goods and Services Tax system, slashing rates on several everyday items. Roti, hair oil, ice creams, and televisions are set to become cheaper. We ...

Two months after the mega rate rationalisation reforms, Goods and Services Tax (GST) collections slowed to a 12-month low of ...

India’s Goods and Services Tax (GST) has quietly grown into one of the country’s biggest revenue pillars. The collections ...

SINGAPORE: Goods and Services Tax (GST) is set to be imposed for all imported goods from 2023 under proposed changes to the Goods and Services Tax Act made through the Goods and Service Tax (Amendment ...

To ensure the similar tax structure in the country the central government has implemented the GST in the country since July 1, 2017. As of now there are 5 types of GST rates in the country. These ...

Big decisions have been taken to clarify on GST Appellate Tribunal. Taxpayers have now only to pay a pre-deposit of 10% of the tax demand amount instead of 20% while filing of appeal before the GSTAT.

Explains why cryptocurrency is not treated as foreign currency under GST law, causing service exporters to lose LUT benefits and pay 18% GST on crypto-based export ...