Sources said industry bodies have told the government that blocked ITC makes up a significant part of operational costs, ...

The government is considering a big change in GST rules that could make many daily-use items cheaper. According to media ...

Understand the complexities of GST on IPOs and OFS in India, including debates over Input Tax Credit reversal, the ...

Sources say that the 12% GST slab might be removed, or many products currently taxed at 12% could be moved to the 5% bracket.

This article is authored by Raneet Mahtani, partner and Sangita Prakash, associate partner, Dhruva Advisors LLP.

Although collections registered a robust growth to remain above Rs 1.8 lakh crore, they were lower than the all-time high of ...

Kerala AAR rules that subsidized canteen food for employees, including contract workers, is exempt from GST, and employers ...