The government is introducing the Input Service Distributor (ISD) system from April 1, 2025, to improve tax collection on ...

Businesses with a turnover of less than $75,000 are given the choice of registering for GST because if a business is spending ...

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

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

In that case, the Madras High Court remanded a similar matter with conditions, including payment of 25% of disputed taxes. The petitioner claimed to have already remitted the entire tax amount and ...

In a major relief to goods and services tax (GST) payers, the government is likely to amend Central GST (CGST) Rules, allowing recipients of goods and services up to two months to accept or reject a ...

Since you will send the goods to a party in India, this is not an export transaction and so, the supply attracts GST. It will not be zero rated. You will have to prepare a GST invoice in rupee ...

GST Penalty proceedings are valid, in case of movement of Goods for job work, without valid challan-Allahabad High Court.

From April 1, separate declarations should be made for each invoice in GSTR-7 returns. Officers who make TDS deduction, at the time of payment to suppliers and contractors with GST registration ...

Potential rate rejig in GST Council meeting due to consistent growth in domestic collections, aiming for rationalization of ...