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

A similar story unfolds in the tobacco industry. As the FED on cigarettes has nearly doubled, a wave of tax-evading local ...

Tamil Nadu's Finance Secretary highlights state's strong GST growth, focus on digital economy, semiconductors, and sunrise ...

Increase in ITC fraud cases and amount detected in current fiscal, with measures taken to prevent tax evasion.

Section 24 (i) specifically mandates compulsory registration by a person making inter- state taxable supply. The term or phrase ‘’inter- state taxable supply’’ makes it ample clear that if the ...

Victoria will become a “mendicant state” next financial year, receiving a $3.9 billion boost in GST as Queensland suffers a $2.4 billion reduction in funding.

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

An independent body’s recommended carve-up of GST allocations is fair, the federal government says, and it will not seek to ...

India’s GST collection has shown a steady increase since its implementation in 2017, reflecting its role in enhancing fiscal health and formalizing the economy. The gross GST collection rose from ...

Team TOIThe prevailing cold relationship with the Centre notwithstanding, the state did not show any signs of discomfort on ...

The government has made the ISD mechanism mandatory, effective April 1, 2025. This means that the distribution of common ...