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GST reforms: No input tax credit on commission for individual health, life insurance policies from Sep 22; insurers to bear cost

Insurers will no longer be able to claim input tax credit (ITC) on Goods and Services Tax (GST) paid on commissions and brokerage for individual health and life insurance policies from September 22, ...
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Ease in GST appeal: Now you can make pre-deposit payment for through input tax credit, rules Supreme Court, know who will benefit from it

In what may be termed as an important judgement for Goods and Services Tax (GST) registered taxpayers, the Supreme Court on May 19, 2025, allowed using input tax credit (ITC) to pay the mandatory ...