Government is considering to undertake next phase of reforms to improve upon the existing GST implementation in the country as suggested by a consortium of Indian industries; c. if not, the reasons ...

The Goods and Service Tax Act was passed in the Parliament on 29th March 2017 and came into effect on 1st July 2017. In other ...

The Bombay High Court’s decision on Mad Over Donuts' tax classification case could clarify GST treatment for restaurant and ...

Jairam Ramesh labels the ongoing GST issue as 'GSTitis,' as Mad Over Donuts faces a Rs 100 crore tax notice for wrongly ...

Tax experts say that the GST misclassification in the textile industry arises from ambiguity in tax slabs. “Some ...

India’s consumers could soon enjoy a cut to goods and services tax, as a years-long review of the tax system finally concludes.

Given the data these numbers depend on, annual output calculations take time. We should, however, aim to refine data collection further, incorporate other data sources (like GST) and accelerate ...

Besides, the new IIP series will be chain-based, as the annual survey of industries (ASI) data is available to adjust the ...

Union minister Nitin Gadkari urged the industry not to consistently demand tax reductions, emphasizing the need for funds to ...

At the core of the dispute is whether doughnuts should be taxed as part of restaurant services, which carry a five per cent ...

The court declared unconstitutional a part of the 2021 customs department exemption notification that required payment of ...