The GST department has asked HDFC Bank and ICICI Bank to provisionally attach the operative bank accounts of Awfis over ...

GST Major Amnesty Scheme u/s 128A No Interest No Penalty for FY 2017-18, 2018-19 and 2019-20 ...

The Government of India has clarified that there is no plan to roll back the imposition of the Goods and Services Tax (GST) on leased properties, despite concerns over its financial burden on tenants ...

ITC Refund Challenges for Exporters Who Cancel Their GST Registration A Case Study on GST Procedural Hurdles and System Limitations Sri Shanmuga Hardwares ...

In a general procedure hearing that was later moved under the informal procedure rules and rendered on December 17, 2024, the ...

NEW DELHI: An optional, online system to reconcile transaction details for availing GST credit may soon be made mandatory, according to two persons aware of the development. The invoice management ...

Is ITC still a strong bet post its hotel demerger? With ITC Hotels now separately listed, investors are keen to understand the future growth prospects of both entities. In this in-depth discussion ...

Meghan Hunter, a seasoned credit cards writer and editor, shares insights on credit card rewards programs and miles and points. With a background in personal finance, she especially loves ...

A new Budget amendment necessitates suppliers to ensure buyers reverse input tax credits (ITC) before claiming adjustments when issuing a credit note. This change aims to prevent revenue leakage ...

and sectors such as gaming and telecommunications will also need to adapt to unique tax obligations under the new rules. However, the FIRS contended that effective implementation and cooperation ...

Here are some key highlights of GST: GST is levied at each production and distribution stage, allowing input tax credits to offset previous payments. Ultimately, consumers bear the tax embedded in ...