The Supreme Court rejected a review petition from the GST Department. This decision confirms telecom towers are movable property for tax cr...

A report by PRS Legislative Research indicates that most states have experienced a decline in aggregate revenue from taxes subsumed under G...

Mahindra & Mahindra has been fined Rs 4.12 crore for issues related to input tax credit claim and education cess credit balance carry forwa...

Giving a comparison of the tax rates pre and post-GST, Sitharaman said, "GST has done justice to the consumers by bringing the rates down c...

The decision to levy the tax, which came into effect from July 18, is not that of the Union government but of the GST Council. It was consi...

CBLO is a lending and borrowing instrument issued in an electronic book entry form, for a maturity period ranging from one day to one year....

The GST rate for these products have been set at 18 per cent with effect from July 1, 2017.

As many as 33.2 lakh new taxpayers have registered themselves under the new tax regime until Dec 11

The government is undertaking an analysis of claims filed so far to identify units where high transitional credit has been claimed and for ...

The shift to Goods and Services Tax (GST) provided for trust-based transition of input tax credit of the existing taxpayers, it said in a s...

GST collections in Oct fell to Rs 83,346 cr from a high of over Rs 92K-cr in Sept. Moreover, the Centre’s share has been low after payment ...

Form TRAN-1 declaration is to be filed by persons registered under GST law who wish to claim credit for taxes paid under pre-GST regime.

The company said the excise duty has got subsumed in the GST rate post July 1 and will be netted from the sales, which will be higher than ...

Presently, large motor vehicles, SUVs, mid-segment cars, large cars, hybrid cars and hybrid motor vehicles attract a cess of 15 per cent on...

The Cabinet may this week consider issuing an ordinance to increase the cess on mid- size, large cars and SUVs to 25 per cent from 15 per c...

"The additional tax burden caused by the increase in compensation Cess rates...will exacerbate the pressure on the entire legal cigarette v...

Tax considerations will no longer play a role in marketing network and it can be planned based purely on logistic considerations, the state...