GST may appear simplified, but HSN classification remains central to compliance and disputes. Incorrect classification can lead to penalties and ...

The Goods and Services Tax (GST) is a value-added tax levied on most goods and services sold for domestic consumption.

The Goods and Services Tax Network (GSTN) has enabled a new online facility on the GST portal for taxpayers to opt out of Rule 14A of the CGST Rules. Those taxpayers who are eligible can withdraw from ...

What was meant to be a quick and compliance-friendly boost for small businesses under the September goods and services (GST) recast has turned out to be a damp squib for some early adopters. Starting ...

With Finance Minister Nirmala Sitharaman asserting that the GST rates will come down further, the Congress on Sunday said any ...

“The changes brought by the Union Government in the GST procedure are very simple, and there is no confusion,” Rajesh Munde, CGST Joint Commissioner, told the participants of a seminar on GST reforms, ...

PM Modi has launched the GST Bachat Utsav, a 100-day campaign to ensure consumers benefit from simplified GST 2.0 reforms. The new structure reduces most GST slabs to just 5% and 18%, resulting in an ...

She said that to achieve Viksit Bharat by 2047, prudential fiscal management is essential for the Centre and the states. Finance Minister Nirmala Sitharaman said the Confederation of All India Traders ...

Indian taxpayers will experience a shift in the Goods and Services Tax (GST) structure, as the revamped GST 2.0 comes into force. The new system simplifies the tax regime with just two primary slabs- ...

From seeking tax concessions to boosting local manufacturing of daily essentials such as soaps, the industrial community in Visakhapatnam has submitted a diverse wishlist to the Centre on the eve of ...