The Supreme Court ruling allowing ITC on leased properties faces uncertainty with a retrospective amendment proposed in the ...

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

Availability of ITC on construction costs has been restricted retroactively from July 1, 2017, impacting commercial real ...

A new Budget amendment necessitates suppliers to ensure buyers reverse input tax credits (ITC) before claiming adjustments ...

The government's retrospective amendment to the Finance Bill 2025 overrides the Supreme Court's ruling from October 2024, ...

The GoM had also suggested lowering the GST rate on all individual health insurance policies to 5%, without the option of ITC ...

The review petition filed by the Finance Ministry is expected to come for hearing by end of February, when the apex court may ...

ITANAGAR, 4 Feb: The central GST’s Itanagar commissionerate has unearthed a racket involved in issuance of fake invoices valued at Rs 658.55 crores without any supply of goods/services and arrested ...

Input Tax Credit is Not Restricted if the Construction of Premises Satisfies the Functional Utility Test and is Germane to Business In the case of Chief Commissioner of Central Goods and Services Tax ...

The investigation, involving searches at multiple locations in Pune, Delhi, Noida and Muzaffarnagar, has revealed a sophisticated network of bogus companies engaged in fraudulent Input Tax Credit (ITC ...

Global mining conglomerate Vedanta Ltd was hit with Goods and Services Tax (GST) penalties of Rs 141.36 crore for alleged ineligible Input Tax Credit (ITC) availment on Saturday. The Mumbai listed ...