Availability of ITC on construction costs has been restricted retroactively from July 1, 2017, impacting commercial real ...

In a general procedure hearing that was later moved under the informal procedure rules and rendered on December 17, 2024, the ...

Insurers argue that a complete exemption will lead to denial of input tax credit and the increased costs will have to be ...

Authorities have busted a Goods and Services Tax (GST) evasion racket involving a fraudulent input tax credit (ITC) scam of ...

India may soon mandate the invoice management system for large transactions to curb tax evasion and enhance GST compliance.

ITC Refund Challenges for Exporters Who Cancel Their GST Registration A Case Study on GST Procedural Hurdles and System Limitations Sri Shanmuga Hardwares ...

For her, the three major areas the government needs to focus on are taxation, R&D incentives, and public-private partnerships ...

Budget introduces significant amendments to the CGST Act, 2017. The definition of Input Service Distributor (ISD) under Section 2(61) is revised to facilitate ITC distribution for inter-state supplies ...