In its ruling, the SC bench also said that union and state governments have simultaneous powers to legislate on GST and the GST Council mus...

The pandemic resulted in severe supply disruption across the globe, and as result the freight rates are much higher today than it was durin...

India's goods exports growth has slowed to low single digits in the second quarter of FY23 and a contraction is expected in October and Nov...

The meeting assumes significance as India's exports contracted by 3.52 per cent to USD 32.62 billion in September against USD 33.81 billion...

The exemption from GST on export freight, introduced in 2018, ended on September 30 after being extended twice. Exporters now have to pay 1...

In a letter to finance minister Nirmala Sitharaman on Sunday, the Federation of Indian Export Organisations (FIEO) said that overseas freig...

Experts said the move is likely to bring much needed relief to the importers, whose refund claims worth over ₹1,000 crore are stuck. "The i...

Many importers had filed the refund claims after the Supreme Court order, but their claims are still stuck. "It is directed that if any IGS...

Many importers had filed the refund claims after the Supreme Court order, but their claims are stuck. “It is directed that if any IGST amou...

Under GST, the registrations got decentralised at the state level as against the earlier centralized service tax registration – thus increa...

Plan includes setting up a dispute redressal bench with representation from states, the Centre, and independent law and tax experts

Tax Connect Advisory Services Partner Vivek Jalan said this is a big relief for importers and GST taxpayers. "In fact those taxpayers who h...

SC held that the Centre and State governments have simultaneous powers to legislate on GST but the Council must work in a harmonious manner...

The recommendations of the GST Council, as per the Constitutional amendment, were always a guidance and never a mandatory compliance, Reven...

The Supreme Court on Thursday, ruling has held that GST on ocean freight paid in case of import of goods is unconstitutional. Also, the Ind...

The government and many companies, mainly importers, are fighting a battle in the Supreme Court over the imposition of integrated GST (IGST...

Hiccups are expected in anything new, but after two years there has to be a climate of certainty with smooth GSTN network and minimum chang...