Amit Gupta is MD, SAG Infotech. Accurate filing of Goods and Service Tax (GST) returns is crucial to avoid unnecessary reconciliation and ensure compliance. Familiarizing oneself with the common ...

Lower GST rates don't necessarily translate to cheaper prices for consumers. This discrepancy arises from the complexity of ...

Input Tax Credit under GST: The net GST payable is the overall GST minus GST paid on buying raw material. Before GST, credit of taxes being levied by the central government was not available as a ...

The Revenue Department, under the Ministry of Finance, may restrict any editing or manual intervention in GSTR-3B. According ...

GST revision reduces coal prices by ₹260/tonne for the power sector, enhancing competitiveness and lowering generation costs.

As GST is a single tax levied across India right from the manufacture of goods/ services till it reaches the end customer, the chain does not get broken and everybody is able to take benefit of the ...

Nathealth, the apex body representing the Indian healthcare industry, has welcomed Honourable Prime Minister Narendra Modi’s recent announcement on forthcoming GST reforms, calling it a timely ...

While headlines focus on GST rate cuts, two silent but sweeping changes are set to hit taxpayers this November—faster refunds for inverted duty structures and a radically simpler registration process.