The Supreme Court recently held that the Input Tax Credit (ITC) on goods purchased from registered dealers cannot be denied ...

This article analyzes if judicial rulings (including Supreme Court's 'Arise India') that declared 'seller non-payment' clauses unconstitutional under VAT Acts should apply to similar ITC conditions ...

GST Council’s next meeting may ease compliance, address ITC refund issues, include electricity & gas under GST, and propose ...

The confusion lies in whether these premiums fall under the nil-rated or exempt GST category. At first glance, both mean no GST payable by policyholders. But the difference lies in whether insurers ...

Starting October 1, new rules will come into effect that will impact businesses and the general public. These changes are related to GST, NPS, UPI, online gaming, and railway bookings. Some rules will ...

Tax expert CA Nitin Kaushik points out that the real impact of GST depends on the stage and type of property purchase.

Only 16% of consumers who booked a hotel room with a tariff of under ₹7500/day said that they received full benefits of ...

GST 2.0 (Sept 2025) maintains 18% tax on most AMC management, advisory, and mutual fund services. Securities remain exempt. New rules require ITC reversal for inputs related to newly exempted supplies ...

According to the guidelines, "restaurant services" within "specified premises" are to be taxed at 18 per cent, with Input Tax ...