Input Tax Credit is Not Restricted if the Construction of Premises Satisfies the Functional Utility Test and is Germane to Business In the case of Chief Commissioner of Central Goods and Services Tax ...

Is the tax bonanza really as big a game-changer as some pundits are claiming it to be? GST cut would have impacted us right ...

Indirect taxes are charged on goods and services, not on income or profits. These taxes are collected by businesses, such as ...

A larger penalty of Rs 113.02 crore was imposed by the Additional Commissioner of Central Goods & Service Tax - Delhi South ...

The Union Budget 2025-26 offers tax relief for India's middle class, signalling a potential consumption revival. However, ...

Two-wheeler maker Hero MotoCorp Ltd on Tuesday (February 4) said it has received two tax demand orders from the Additional ...

Paytm parent One97 Communications has received a goods and service tax (GST) demand notice of INR 3.73 Cr from ...

1. Provision allowing Input Service Distributors to distribute input tax credit for inter-state supplies subject to reverse ...

Finance Minister Nirmala Sitharaman stated on Tuesday that the GST Council is close to finalising a decision on tax rate ...

The GST Council, led by Finance Minister Nirmala Sitharaman, plans to simplify and lower tax rates as the review nears ...

Food and grocery delivery giant Zomato has received relief from tax authorities as a demand for Rs 5.9 crore in unpaid Goods and Services Tax ( GST) has been dropped.

Insurers argue that a complete exemption will lead to denial of input tax credit and the increased costs will have to be passed on to the consumers, negating the intended benefit of exemption ...