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

Businesses with a turnover of less than $75,000 are given the choice of registering for GST because if a business is spending ...

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 ...

For the first time, Victoria shifts to become a relative beneficiary in a new carve-up of the GST, and will receive a ...

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

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

The Input Tax Credit (ITC) allows you to claim credit for the GST paid on business-related purchases. Whether it is raw ...