This explains how ITC hinges on invoice matching and supplier tax payment under Section 16. The key takeaway is that credit can be denied even after payment unless statutory conditions are fully ...
In recent years, several Indian subsidiaries of multinational corporations have received show cause notices (SCNs) from GST ...
The Court examined whether medicines and consumables supplied to in-patients form part of exempt health services. Adjudication was allowed to continue, but enforcement of any final order was ...
Since the advent of the Goods and Services Tax regime, a recurrent and deeply contested issue has been that of denial of ...
Telangana, on Wednesday busted an unlicensed unit in Serilingampally that was manufacturing and selling medical devices, ...
As much as Rs 65,000 crore out of the nearly Rs 95,000 crore tax collections in July - the first month of GST - have been ...
Budget 2026 takes a structured approach to strengthening MSMEs by addressing three persistent gaps - equity, liquidity, and capability. Measures such as the SME Growth Fund, stronger invoice-based ...
Silver prices are rising in India. Compare physical silver vs Silver ETFs, digital silver, costs, liquidity, and the best way to invest in 2026.
In FY25 alone, CGST officers detected GST evasion of more than Rs 2.23 lakh crore. Of the 30,056 cases identified during the ...
This article is authored by Arvind Gupta, co-founder and head, Digital India Foundation.
By addressing financing constraints, compliance complexity, and infrastructure bottlenecks, the Budget moves decisively from ...