It is common knowledge that GST officials issue penalty notices u/s 125 of the GST Act for late filing of a GST return on the pretext that no specific penalty is provided for late filing of GST return ...

There is no legal restriction on the time of issuing a credit note; however, it must be reported in GST returns within a ...

The Supreme Court recently underscored the need for the Central Board of Indirect Taxes and Customs to fix realistic ...

This ruling is particularly crucial for small and medium enterprises, which may lack sophisticated accounting systems and are ...

Technology has entered the life of millions of taxpayers in countries where tax compliance is often perceived as arduous and ...

Parliament's Public Accounts Committee recommends streamlining GST compliance, refund processing, and documentation to ...

GST rate rationalisation and expansion must be done not only to achieve simplification but also to subserve large-scale ...

The Parliamentary panel also shared that “significant challenges faced by taxpayers under the GST framework, particularly ...