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GST LITIGATION
GST 2.0: From stuck tax credit to fewer disputes, industry chambers list key reform demandsGST 2.0 reforms are being advocated by industry chambers to improve input tax credit and streamline compliance processes. Businesses desire...- Gold imports by nominated agencies may come under GST as Council weighs tax parityThe GST Council is set to meet on October 8, focusing on whether government agencies should be brought under the GST regime. As it stands, ...
- Industrial alcohol is the GST Council's unfinished federal business: States won the legal fight, but the 18% GST still appliesThe GST Council is set to meet regarding the regulation of industrial alcohol, which has been contested between the government and states. ...
- GST Council likely to align export definition with forex earnings, clarify on overseas branch servicesThe GST Council is expected to review a proposal to redefine the definition of export for services. This proposal aims to remove ambiguitie...
- GST 2.0: Council to consider sweeping reforms to unlock tax credit, ease complianceIndia is set to implement significant reforms to the goods and services tax system, which will ease compliance. Changes may include the rel...
- GST Council may clear sweeping compliance reforms; e-commerce sellers, genuine buyers to get reliefThe GST Council will assess various procedural reforms aimed at simplifying tax compliance for businesses. Proposed measures include enabli...
- Ashok Leyland: A stronger balance sheet inside a business that will always remain cyclicalQuarterly numbers tell you what happened. But they do not always tell you why it happened. In commercial vehicles, demand can change becaus...
- Ashok Leyland's best year in its history, and what the annual report says about holding on to itAshok Leyland sold more commercial vehicles in FY26 than in any year since it was founded, earned its highest-ever profit, and closed with ...
- India's commercial vehicle market just had its best year in seven. Then the June quarter arrived, and margins fellThere is, at this point, an apparent contradiction at work in the Indian commercial vehicles space. One: FY 2026 was the best of the last s...
- ICICI Bank receives Rs 229 crore GST demand over minimum balance servicesICICI Bank has received a show cause notice from GST authorities regarding a ₹229.14 crore demand. This demand pertains to services provide...
- 5 rule changes from October 1: SBI ATM charges, MDR on UPI, bulk FD rates, KYC for LPG subsidy and moreIn October 2026, significant changes to banking and finance regulations will take effect, impacting numerous services. Furthermore, the Res...
- Thailand trip cancelled due to health emergency, Rs 40,000 refund refused; Tour operator ordered to pay Rs 57,000A Kannur man booked a Thailand holiday for himself and his wife, but a stroke left him unfit to travel just weeks before departure. Despite...
- Decoding MDR’s impact; EV bikes’ policy change sparks debateHappy Thursday! The return of MDR is set to change UPI's market share game. This and more in today's ETtech Morning Dispatch.
- No more tax wishlists? FM Sitharaman asks experts to make the case for what should goFinance Minister Nirmala Sitharaman urged tax professionals and industry bodies to move beyond demands for exemptions and rate cuts, asking...
- Stocks in news: Tata Group stocks, HDFC Bank, Coforge, HFCL, Sun Pharma and Varun BeveragesOn September 11, Indian stock markets experienced a remarkable bounce back after an initial dip at opening. Key index heavyweights attracte...
- AI can speed business loans, but underwriters stay in charge: HyperVerge's Kedar KulkarniHyperVerge launched AI underwriting agents to speed business loan processing. These agents extract data from financial documents and assist...
- ET Prime Special Series: Multibagger or IBC - Part 74: This auto ancillary has monopoly over a part which EVs can't killFor many old auto suppliers, EVs raise an existential question: Will their product still be required? Here, the debate is different. The ba...
- GST Council to hold 57th meet on Sept 12 with ITC, simplifying the GST corporate guarantees & more on agendaThe GST Council will meet on September 12 to discuss key reforms. Proposals include easier input tax credit access for buyers and simplifie...
- Chasing dues could get easier for small businesses under new rules, MSME Secy Bharat Khera explainsThe number of enterprises in the formal ecosystem has increased from around 16.5 million three to four years ago to 92 million currently, s...
- Delhi High Court notice to Centre on 107-year-old Central Secretariat Club's plea against derecognition, evictionThe Central Secretariat Club faces eviction after its recognition was revoked by the Department of Personnel and Training. The Directorate ...
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