India may soon mandate the invoice management system for large transactions to curb tax evasion and enhance GST compliance.
The Central Board of Indirect Taxes and Customs (CBIC) has introduced key mechanisms to automate compliance under the GST ...
The gems and jewellery industry on Thursday urged the government to rationalise the Goods and Services Tax on bullion and ...
It may be noted that GST rate on hotel accommodation depends on the amount paid per room accommodation per day. Presently from 18.7.2022 onwards, GST is 12% for a room in a hotel which would cost upto ...
The GoM had also suggested lowering the GST rate on all individual health insurance policies to 5%, without the option of ITC ...
"However, the Central Government imposed fresh taxes on goods on which there was no tax and imposed 18 and 28 per cent GST on ...
While the year-over-year comparison shows that the tax break may not have boosted spending in its first month, a recent ...
Also, Union minister Tokhan Sahu said the revised completion date of the Common Central Secretariat buildings is running a ...
Advocate Tushar Gokani, in a statement on Thursday, said, "The High Court accepted the argument that the GST law is a special ...
Insurers argue that a complete exemption will lead to denial of input tax credit and the increased costs will have to be passed on to the consumers, negating the intended benefit of exemption ...
The aviation major has received two GST-related penalty orders worth ₹115.86 crore, which are currently being contested.
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