The new system is a step towards a simpler mode in India's seven-year-old GST regime, originally conceived as a single ...

No recovery of outstanding GST ( Goods and Services Tax ) demand could be made once a taxpayer deposited the statutory pre-deposit under Section 112(8) of the CGST Act and filed an undertaking to ...

Hoteliers demand uniform 5% GST with input tax credit to reduce costs and enhance competitiveness in tourism sector.

The potential tax restructuring, if approved, would involve scrapping two existing GST slabs and modifying rates for both ...

In a key meeting held on Thursday, the panel of state ministers accepted the Centre’s plan to reduce the four-rate system to ...

A practical analysis of how GST Section 74 notices are being used for small-value tax demands and the legal and practical issues this creates for ...

Since the beginning, the policy-makers knew that the Goods and Services Tax (GST) should have minimal slabs and rates. Yet, ...

The Group of Ministers on rate rationalisation endorsed the Centre’s plan to introduce a simpler structure, replacing the ...

The Nifty 50 and Sensex fell on Friday, as investors were cautious ahead of the U.S. Federal Reserve Chair Jerome ...

The six-member panel, led by Bihar Deputy Chief Minister Samrat Choudhary, agreed to phase out the current four-tier framework of 5, 12, 18 and 28 per cent.

The Centre has proposed reforms in GST by reducing the number of slabs under Goods and Services Tax (GST) to 2 (5 and 18%) ...