The Goods and Services Tax (GST) has been a cornerstone of fiscal reform in India. The shift to GST aimed to dismantle the complex, multilayered national tax structure and replace it with a more ...

Receiving a GST notice is a common occurrence for business owners, but many find it challenging to understand the nuances of handling these notices. GST notices are issued by the Goods and Services ...

Investopedia / Michela Buttignol A generation-skipping trust (GST) is a type of legally binding trust agreement in which the contributed assets are passed down to the grantor's grandchildren.

The government has announced waiver of late fees for filing GSTR-9C for FY 2017-18, FY 2018-19, FY 2019-20, FY 2020-21, FY 2021-22 or FY 2022-23. File GSTR-9C on or before March 31, 2025 and then ...

The CPI results were heavily influenced by the start of the two-month break on the GST and the harmonized sales tax on Dec. 14 for certain items, including restaurant meals, alcoholic beverages ...

The Goods and Services Tax (GST) is an indirect tax reform that streamlined India's intricate tax system. It is applied to producing and distributing goods and services across the country. Restaurants ...

Even as the government announced rationalisation of income tax rates in the Budget, there is also work going on to simplify and rationalise the Goods and Services Tax (GST) regime. Discussions between ...

The government's retrospective amendment to the Finance Bill 2025 overrides the Supreme Court's ruling from October 2024, disallowing ITC on construction expenses for leased properties. This affects ...

Eligible taxpayers can apply via the GST SPL-02 form, now live on the GST portal. The scheme applies to cases under Section 73 and reclassified Section 74 cases deemed not involving fraud. Taxpayers ...

As per GST Law, the GST officers can be issued notices under various circumstances as per concerned Sections and Rules through various notices in various Forms for better implementation of GST Law and ...