While the Centre is keen on doing away with the 12% GST slab, states on the rate rationalisation panel have, so far, only ...

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

has been a cornerstone of fiscal reform in India. The shift to GST aimed to dismantle the complex, multilayered national tax structure and replace it with a more transparent, technology-driven ...

As Union Budget 2025 approaches, experts from the travel, tourism and hospitality sectors state key expectations ...

India's tariff structure has been rationalised, reducing the average customs rate from 11.65% to 10.66%, aligning it more ...

The GST Council, chaired by Sitharaman and comprising her state counterparts, has set up a group of ministers (GoM) to ...

The GST Council will soon take a decision on having fewer and lower rates as the review work is almost complete, Finance ...

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

Simplified classification and GST rate structure for automobiles and auto components, reduction of GST on hybrid vehicles, ...

The GST reform holds immense potential to bolster India's MSME sector, but its current framework requires critical ...

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

Currently, electric vehicles (EVs) benefit from a reduced GST rate of 5 per cent to promote adoption. However, key components such as lithium-ion batteries are taxed at 18%, creating a financial ...