The Central Board of Indirect Taxes and Customs (CBIC) has introduced key mechanisms to automate compliance under the GST ...
The DIN under GST is a 20-digit unique code assigned to official communications sent by tax authorities to registered ...
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 ...
The GoM is examining all issues comprehensively and will submit a report. They will have to arrive at some consensus,' Sanjay ...
Summary: The applicability of interest on delayed GST payments hinges on whether the liability was offset using balances in the E-cash or E-credit ledger. Section 49 of the CGST Act, 2017, allows ...
The GoM had also suggested lowering the GST rate on all individual health insurance policies to 5%, without the option of ITC ...
Currently, GST is a four-tier tax structure with slabs at 5, 12, 18 and 28 per cent. Luxury and demerit goods are taxed at ...
The aviation major has received two GST-related penalty orders worth ₹115.86 crore, which are currently being contested.
In its report, Prelude to Union Budget 2025-26, the SBI recommended that the government should assess the possibility of ...
The report also noted that the government should consider exempting GST and taxes on term and health insurance premiums, ...