In GST, the importance of reconciliation has increased multi-fold due to the compliance process that law brings in along with its legal provisions. The compliance process in GST generally requires ...

GSTN implements Phase III of HSN code reporting for accurate GST compliance, enabling detailed reporting and curbing tax ...

The government must focus on a multi-pronged approach with stricter FSSAI labelling norms, higher GST, and awareness ...

The DIN under GST is a 20-digit unique code assigned to official communications sent by tax authorities to registered ...

The report also noted that the government should consider exempting GST and taxes on term and health insurance premiums, ...

The Central Board of Indirect Taxes and Customs (CBIC) has verified reports of scammers sending bogus GST summons, some of ...

Analysts have also said that raising the FDI cap on the sector will help boost margins and encourage new listings.

The Orissa High Court, in Alom Extrusions Ltd. vs. Chief Commissioner of CT and GST, set aside a GST summary assessment order ...

The healthcare sector demands that the government decide to abolish GST on medical insurance and import duty on life-saving ...

Starting from February 2025, taxpayers will need to report HSN codes in GSTR-1 and GSTR-1A forms by selecting the appropriate ...

Industry leaders predict India's economic growth to rise to 6-7.9% for FY 2025-26, driven by technological advancements and ...

Extending the Production Linked Incentive (PLI) scheme and charting a uniform GST rate can be crucial to help boost the medical devices market in India, said a report from the State Bank of India (SBI ...