S Sriram and Dinesh Kukreja of Lakshmikumaran and Sridharan examine the tax consequences of foreign business reorganisations ...

Supreme Court directs CBIC to re-examine tax return error provisions, reinforcing principle that buyers shouldn't be penalized for supplier errors.

To avail of the benefit under Section 128A, taxpayer must withdraw the appeal for the period between 1 st July 2017 and 31 st March 2020. If taxpayers wish to continue with the appeal for the periods ...

Additionally, CBIC announces a partnership between the National Academy of Customs, Indirect Taxes & Narcotics (NACIN) and the Indian Maritime University (IMU) to establish a Marine Customs Training ...

The Supreme Court recently underscored the need for the Central Board of Indirect Taxes and Customs to fix realistic ...

Other countries have relatively lower indirect taxes, such as UAE (5%), Australia ... burden is disproportionately high compared to the benefits taxpayers receive, particularly in infrastructure ...

Section 128A offers a waiver of interest and penalties on pending GST demands, as long as they are not related to fraud or ...

With an economy that's just not growing, and it doesn't matter what your tax mix is, but an economy that's not growing fast ...

The Supreme Court has directed the CBITC to re-examine the GST filing correction timelines, emphasizing that clerical errors ...

Statement [1] may have delivered on Rachel Reeves’s promise of no tax changes, but that didn’t mean there was nothing for the ...