Section 60 of the CGST Act allows temporary tax payment when liability is uncertain, ensuring business continuity while protecting ...

The applicant sought advance ruling on composite supply and ITC reversal for bundled beverage mixes with free accessories. The Authority admitted the application but disposed it as withdrawn after the ...

Taxation in India is the primary tool for the government to generate revenue, which is subsequently used for infrastructure ...

SRINAGAR: Jammu and Kashmir’s average monthly GST revenue has increased from Rs 300 crore in 2017 to Rs 724 crore by the end ...

Fino Payments Bank CEO Rishi Gupta is arrested under the GST Act as DGGI probe continues; CFO Ketan Merchant appointed interim head ...

Direct taxes are imposed directly on individuals and entities according to their income or wealth whilst indirect tax is imposed on goods, services or transactions and eventually paid by consumers.