India may soon mandate the invoice management system for large transactions to curb tax evasion and enhance GST compliance.

The Central Board of Indirect Taxes and Customs (CBIC) has introduced key mechanisms to automate compliance under the GST ...

Insurers argue that a complete exemption will lead to denial of input tax credit and the increased costs will have to be ...

The GST Act prescribes specific time limits within which orders for raising demands under Sections 73 and 74 must be issued. Additionally, the Act allows the issuance of orders under various other ...

It may be noted that GST rate on hotel accommodation depends on the amount paid per room accommodation per day. Presently from 18.7.2022 onwards, GST is 12% for a room in a hotel which would cost upto ...

Adani Wilmar has been penalized Rs 42 lakh by the Uttar Pradesh GST department for availing transitional credit. The company ...

Nirmala Sitharaman reassures that no GST rates have increased since implementation, highlighting a reduction in average rates ...

Adani Wilmar has been penalized Rs 42 lakh by the Uttar Pradesh GST department for transitional credit availed. The company ...

Adani Wilmar, an edible oils company, has been penalized Rs 42 lakh by the Uttar Pradesh GST department. The penalty relates ...

Red Auerbach once got ejected from an All-Star Game for arguing a call. Rick Barry and Bob Cousy each fouled out of All-Star ...

Uttar Pradesh’s goods and service tax (GST) department has imposed a penalty of Rs 42 lakh on Adani Wilmar, an edible oils company. The company, in a regulatory filing on Wednesday, informed that it ...