In the electronic commerce space, vouchers have become a widely used tool to enhance customer engagement, drive sales, and ...

The review petition filed by the Finance Ministry is expected to come for hearing by end of February, when the apex court may ...

Central GST officers detected over Rs 1.88 lakh crore in GST evasion during April-December 2024, including ITC fraud cases.

In the 2023-24 fiscal year, CGST officials detected GST evasion of ₹2.30 lakh crore in 20,582 cases. This resulted in the recovery of ₹31,758 crore and the arrest of 223 people. In the 2022-23 and ...

India may soon mandate the invoice management system for large transactions to curb tax evasion and enhance GST compliance.

Rule 12 of CGST Rules, 2017 specifies the registration form for the e-commerce operator. Any person required to collect tax ...

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

GST, an indirect tax on the supply of goods and services in India, is currently applied at 18% on health and life insurance ...

CBIC is not obligated to issue clarifications on GST issues raised by way of representation or otherwise: Delhi HC ...

Transporters are required to carry an electronic way (or e-way) bill for any consignment that's worth more than ₹50,000 since ...

The Goods and Services Tax follows a four-tier structure with rates of 5%, 12%, 18%, and 28%. Essential items and packaged ...

The need of the hour is to expand the tax base because in a country of 140 crore, 3 crore is already abysmally low and it ...