Provisional refunds for inverted duty structures and removal of refund thresholds for exports improve working capital. The amendments strengthen liquidity and support small and mid-sized ...

Union commerce and industry minister Piyush Goyal has assured that the reduction in Goods and Services Tax (GST) rates will directly benefit the common man, with industries across sectors committing ...

The Tribunal held that no profiteering arose where the ITC-to-cost ratio declined after GST. The key takeaway is that absence ...

Currently, the brokerage paid by foreign funds is considered ‘export services’ under GST rules. “Clause (b) of sub-section (8 ...

GST 2.0 tax changes come into force from September 22, 2025, bringing a big reshuffle of tax rates across goods and services. The new framework brings in two primary tax rates of 5% and 18%, while ...

Discover how TheGSTCo simplifies GST registration using virtual office solutions. Learn the key benefits, cost savings, ...

Both sales tax and GST are indirect taxes, meaning they are charged on transactions (purchases) instead of income, and the cost is ultimately paid by the person who buys the final product. The ...

The Anti-Tobacco Forum questions the Centre's decision to exempt beedis from GST hikes while taxing other tobacco products more heavily.