GST: The government has made the ISD mechanism mandatory, effective April 1, 2025. This means that the distribution of common ...

The Goods and Services Tax (GST) was implemented in July 2017 and multi-state GST registrations have been facing confusion regarding the process for distributing common input tax credits (ITC) availed ...

The Input Service Distribution (ISD) mechanism will enable businesses with branches in multiple states to consolidate ...

Always puzzled and novice when comes to the GST ITC (Input Tax Credit) on goods or service or both used for construction of immovable properties when such properties are used in in the course or ...

Input Service Distributor (ISD) [w.e.f. 01/04/2025] The concept of ISD started as a facility made available to businesses having a large share of common expenditure and billing / ...

Now accountants will start: oh there is input tax credit. Buddy, someone pays that 18% GST eventually (your end customer; ...

Increase in ITC fraud cases and amount detected in current fiscal, with measures taken to prevent tax evasion.

While lower GST could help increase penetration of insurance, some experts call for controlling medical inflation as well ...

The GST Council has asked the Insurance Regulatory and Development Authority of India (IRDAI) to provide recommendations on ...

Nashik: The anti-evasion branch of central goods and service tax (CGST) and central excise, Nashik commissionerate, arrested ...

Jairam Ramesh emphasized that 2024 presents the right moment for GST 2.0, as the GST compensation cess is expected to meet ...

The Federation of Hotel & Restaurant Associations of India (FHRAI) urges the government to separate GST on F&B services from ...