GST Network (GSTN) has issued a clarification regarding the generation of E-Way Bills (EWBs) for goods classified under Chapter 71 of the Harmonized System of Nomenclature (HSN), which includes ...

Explore corporate incentives with Tesla Model 3 novated lease to enhance employee benefits. Visit our blog for insights.

The Central Board of Indirect Taxes and Customs (CBIC) has introduced key mechanisms to automate compliance under the GST ...

Raising tobacco taxes will not only improve public health but also boost government revenue, providing fiscal space for ...

GST, an indirect tax on the supply of goods and services in India, is currently applied at 18% on health and life insurance ...

Implications for Recipients: The responsibility of reversing the ITC lies with the recipient. Upon acceptance of a credit note, the supplier’s tax liability decreases, and the recipient’s GSTR 2B is ...

Finance Secretary Tuhin Kanta Pandey emphasized the need for GST rate rationalization after gaining implementation experience ...

Sanjay Kumar Agarwal, Chairman, Central Board of Indirect Taxes & Customs said, “The reduction in the customs duty. The 10% ...

As India gears up for the Union Budget 2025-26, the focus on sustainability and resource self-sufficiency has never been more critical. INDIA ...

As Union Budget 2025 approaches, stakeholders expect reforms in indirect taxation to enhance economic growth and compliance.

Download and save the PDF to your computer Open the downloaded PDF in Acrobat Reader 10 or later Form used to show that a non-profit organization meets the government-funding test required to qualify ...

Faced with a steep fiscal deficit, around 6.8% of the GDP, the Centre wants to curb expenditure. Earlier, the government had announced April 1, 2010 as the target date for GST introduction.