The Finance Bill 2025 proposes 11 significant amendments to GST provisions, addressing anomalies and introducing new mechanisms. Effective April 2025, input tax credit (ITC) distribution by input ...

ISLAMABAD: The Federal Board of Revenue (FBR) has directed all sales tax registered commercial importers, distributors and wholesalers making supply of taxable products to submit monthly stock ...

Madras High Court held that obtaining GST registration and payment of tax after inspection cannot be said to be voluntary conduct of the assessee. The same amounts to deliberate attempt to evade ...

In a general procedure hearing that was later moved under the informal procedure rules and rendered on December 17, 2024, the ...

BENGALURU: Goods and Services Tax (GST) is crucial for revenue collection, compliance, and economic growth. The Finance Bill ...

The case centres on whether a holding company’s provision of a corporate guarantee to a subsidiary constitutes a taxable “supply” under GST law. | Photo Credit: VIVEK BENDRE Bombay High ...

GST collection has become a significant indicator of the nation's economic health and is anticipated to influence government allocations in key sectors.

Finance Minister Nirmala Sitharaman on Saturday announced changes in the Goods and Services Tax (GST) laws under the Union ...

The Central Board of Indirect Taxes and Customs (CBIC) has introduced key mechanisms to automate compliance under the GST ...

Central Board of Indirect Taxes & Custom (CBIC ... depreciated value of such goods on the date of supply. Where such margin is negative, no GST is payable. In any other case, GST is payable ...

The makers of popular Marlboro and Four Square Cigarette Godfrey Phillips India Ltd hit with Rs 166 crore tax demand order ...