The Invoice Management System (IMS) ends automatic ITC population in GSTR-3B from Oct 2025. Taxpayers must Accept, Reject, or Pend B2B invoices via the GST ...
India's GST system saw a significant update on September 22, 2025, with the launch of GST 2.0. The GST Council approved these ...
Recently announced large-scale reduction/abolition in GST rates on certain commodities is likely to result in revenue-decrease through GST, which can be more than compensated by plugging loopholes ...
Your browser does not support the audio element. The government’s recent GST slab revision has spelt good news for most automotive segments, particularly the sub ...
It stands absolutely justified, is perfectly in order and so also is in the fitness of things that the Delhi High Court in a most learned, laudable, landmark, logical and latest oral judgment titled ...
India's stock market just saw a ₹6 lakh crore boost, thanks to PM Modi's new GST cuts announced last month and kicking in from September 22. Lower taxes on small cars and two-wheelers have made them ...
The Central Board of Indirect Taxes and Customs (CBIC) has clarified that buyers will not be required to reverse input tax credit (ITC) when suppliers issue post-sale financial or commercial credit ...
The Central Board of Indirect Taxes and Customs (CBIC) is set to hold a meeting with representatives from insurance companies and the sector regulator, the Insurance Regulatory and Development ...
Both the Taigun and Virtus were earlier taxed at 45 percent primarily due to their length which exceeds 4000mm. The cars get 1000cc and 1500cc engine options, and are now taxed at 40 percent. However, ...
New Delhi: The Ministry of Heavy Industries (MHI) has released a detailed fact sheet titled ‘GST Reforms in Automobiles — Cheaper Cars, More Accessibility’, outlining how the government’s decision to ...
Amul, a leading dairy brand in India, has announced that there will be no changes to the pricing of its packaged milk following modifications in the Goods and Services Tax (GST) rules set to take ...
The contentious issue of levying 18% goods and services tax (GST) on services provided by non-bank finance companies (NBFCs) to banks in co-lending arrangements may be discussed in the two-day ...