India's bullion market faces a significant reset as the government hikes import duties on gold and jewellery. Analysts predict this will co...

Jewellery stocks like Kalyan Jewellers and Titan Company tumbled up to 6% after the government hiked customs duty on gold and silver import...

Gold, silver import duty hike: India has significantly raised customs duties on gold, silver, and platinum imports to 15% and 15.4%, respec...

The Centre is expected to issue a rectification order within 48-72 hours to restore the tax exemption for gold-importing banks after a noti...

Banks in India have paused gold and silver imports since April 1, pending an annual government notification that provides tax clarity for b...

The Bombay High Court quashed a Rs 1,524 crore GST demand against Tata Sons, ruling that payments made to NTT Docomo as an arbitration awar...

India’s gold imports in April are set to fall to around 15 metric tons, a near 30-year low, as banks halted shipments following a 3% IGST d...

Offshore gaming firms found a way to use the site name cgstahmedabadzone.gov.in to create additional, fake pages, complete with sub-links t...

The Supreme Court is examining a customs department appeal. It seeks higher taxes on imported lithium-ion batteries for mobile phones. Manu...

India's goods exports may see a 7-8% drop in March due to the West Asia conflict. Full fiscal year 2026 exports could be 2-3% lower. Howeve...

The Supreme Court has sought a response from IndiGo's parent company, InterGlobe Aviation, regarding the customs department's appeal agains...

The Supreme Court provided relief to InterGlobe Aviation and SpiceJet. It dismissed the customs department's appeal. The appeal sought inte...

The issue of IGST on oxygen concentrators may already be addressed by the GST council on Friday. The council could look at doing away with ...

The Delhi High Court last week said that imposition of 12 per cent Integrated GST (IGST) on oxygen concentrators for personal use or those ...

The Delhi High Court has ruled that the government cannot levy integrated goods and service tax (IGST) on oxygen concentrators that are imp...

An official explained that non-existent suppliers issued invoices for passing of the ITC utilised for payment of IGST on exported goods and...

The CBIC has now clarified that the IGST credit can be used in payment of CGST or SGST in any order or proportion.