The government has detected GST evasion worth Rs 12,000 crore in 8 months till November, a senior tax official said Wednesday. Central Board of Indirect Taxes and Customs (CBIC) member John Joseph ...

Supreme Court & Bombay High Court Uphold Right to Rectify GST Errors: Bonafide Buyers Entitled to ITC Even if Not Reflected ...

As an option, the government may consider a strategic reform of the current indirect tax landscape ... necessarily require an immediate introduction of a new tax. Instead, a well-thought-out ...

Shrivastava’s criticism comes in response to fresh developments in India's ATM transaction charges. The Reserve Bank of India ...

While the introduction of GST has generally resulted in reduced ... Most of the unbranded and unprocessed food articles were exempt from indirect taxes earlier. This position has continued under ...

Since its introduction in July 2017 ... 63 paise will come from direct and indirect taxes. Among indirect taxes, the Goods and Services Tax (GST) will contribute the maximum, with 18 paise ...

Wisdom Hatch founder Akshat Shrivastava on Thursday raised concerns over India’s high indirect taxes, questioning whether taxpayers are getting value for the amount they pay in GST. "Europe and ...

The GST, introduced in July 2017, is a comprehensive indirect tax on the supply of goods and services and serves as a key revenue source for both the central and state governments. It is ...