Currently, the brokerage paid by foreign funds is considered ‘export services’ under GST rules. “Clause (b) of sub-section (8 ...
From February 1, 2026, smokers and pan masala consumers across India are facing a sharp increase in prices following a sweeping revamp of the government’s taxation policy on so-called “sin goods.” The ...
The law now permits deduction of post-supply discounts even if decided later. This eases commercial flexibility and reduces ...
Gross GST collections rose 6.2% to ₹1.93 lakh crore in January, driven by higher import revenues and reduced refunds.
The Survey’s preface highlights that the government carried out “the most radical overhaul of the Goods and Services Tax since its inception in 2017” during 2025, placing GST reforms alongside major p ...
Despite revenue pressures caused by the Centre's GST 2.0 rate rationalisation, Punjab has recorded a strong rise in GST collections in January 2026, signalling improved compliance, focused enforcement ...
The High Court set aside retrospective GST registration cancellation after finding that the show cause notice failed to specify the default period or dues, violating natural ...
Commercial tax authorities have uncovered widespread 'address fraud' following a surge in suspicious GST registrations after ...
Use a GST calculator to prepare accurate financials before applying for a business loan. Gain GST clarity to manage cash flow ...
The government confirmed that the growth was supported by strong domestic activity and healthy growth in import revenues.