The case involves Jyoti Tar Products Pvt. Ltd., which challenged the denial of Input Tax Credit (ITC) under the GST regime. The issue arose when tax authorities alleged that the company had claimed ...
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A full GST exemption on life insurance premiums could mean more expensive premiums for policyholders. Here’s why?Lately, there have been multiple demands to exempt term life insurance premiums from the ambit of GST (Goods and ... will be able to claim full input tax credit (ITC), policyholders will be ...
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 ...
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