Supreme Court upholds ITC benefit for purchaser-dealers despite selling-dealer's tax failure, impacting interpretations and ...

Court holds that a single SCN covering several years is valid under Section 74 of the CGST Act, as fraudulent ITC claims often span multiple ...

When the financial year closes, many businesses make bulk purchases in March to optimise their GST outflow, but experts warn that this strategy can backfire. CA Nitin Kaushik explains that input tax ...

Hospitality body seeks regularisation of past GST dues, restoration of input tax credit for hotels, and flexibility in F&B ...

Learn why businesses can claim input tax credit on GPA insurance under GST, as it is classified as general insurance, not life or health ...

GST Council’s next meeting may ease compliance, address ITC refund issues, include electricity & gas under GST, and propose ...

DGGI uncovers Rs 21.64 crore GST evasion in Karnataka scrap business. Fake invoices, fraudulent ITC claims, and arrest made.

The introduction of Table 6A1 applies exclusively to the GSTR-9 form, not GSTR-9A, which is relevant for different categories of taxpayers. This update fills earlier gaps in data related to ITC ...

Analysts see 50-150 bps VNB margin compression for life insurers and sustained combined ratios for general insurers after GST ...

At ITC, we will pass on the full benefits of the GST rationalisation across applicable products,' Sumant said.

Belagavi: In a major crackdown on tax evasion, the Directorate General of GST Intelligence (DGGI), Belagavi Zonal Unit, ...

The packaged food industry has been impacted significantly by slower growth due to high inflation. However, the company is ...