How to check the GST rates for various items using the revised GST table published by the Central Board of Indirect Taxes.

Section 16(2)(c) of the CGST Act makes Input Tax Credit (ITC) conditional on the supplier actually paying the tax to the government. Judicial precedents from High Courts emphasize that a buyer’s bona ...

The big news at this hour- In the wake of the 50% Trump tariff, the Government is on a reform overdrive, and the GST rates have been overhauled. The new GST rate is in place, and the Government has ...

GST officers have uncovered fake input tax credit (ITC) claims of Rs 15,851 crore in the April-June quarter of current fiscal, a 29 per cent jump over the year-ago period, even though the number of ...

Fast-moving consumer goods (FMCGs) are in action today as the GST Council has approved a two-slab structure, which will result in the reduction of a wide range of FMCG products. The new GST slabs will ...

“Goods and Services Tax (GST) officers have uncovered fake Input Tax Credit (ITC) claims of ₹15,851 crore in the April-June quarter of current fiscal, a 29% jump over the year-ago period, even though ...

Cigarette makers could face another round of volume pressure if the government raises GST on “sin goods” to 40 percent without adjusting existing cess, analysts warned. At present, tobacco products ...