India's GST system needs a comprehensive review to improve efficiency, reduce complexity, and enhance revenue performance by ...

Option of 5% GST without ITC or 18% with ITC to be applicable on restaurant services provided at non-specified premises, ...

Freelancers and small business owners may find GST registration more complex than anticipated. Requests for additional ...

It emphasized the need for CBIC to reconsider the rigid timelines imposed for rectifying bonafide errors in GST filings. The Court highlighted that denying input tax credit (ITC) due to clerical ...

Liberal Leader Mark Carney and Conservative Leader Pierre Poilievre have both proposed eliminating the GST on new builds. But ...

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

The recent spate of large revisions of national income data, like a 100 basis point upgrade for real GDP growth in FY24, has ...

According to the budget proposals of the PBC for next fiscal year, an 18 percent general sales tax (GST) in a largely undocumented economy provides a high incentive to evade. A 48 percent effective ...

A growing GST debt burden could be creating a wave of "zombie companies", one tax expert says. Allan Bullot, tax partner at ...

A provision changed having made effective from a past date is what we understand from a retrospective amendment, but in our back of mind it is always assumed ...