GoM meets to discuss Centre's GST rate cut proposal. Focus on reducing tax slabs to 5% & 18%. Impact on consumers & MSMEs.

Andhra Pradesh High Court held that GST is not leviable on ocean freight charges, accordingly, refund of GST paid on ocean ...

The Group of Ministers on Thursday accepted the Central government's plan to replace current GST rates of 12% and 18% for most items with a much-lower 5% and 18% slabs, as well as a steep 40% levy on ...

End-of-year bulk orders may not reduce GST liability immediately. Learn about GST ITC, Input Tax Credit, GSTR-3B, delivery-based credit, business accounting, tax compliance, and ITC eligibility rules.

Tax experts believe the exemption could improve affordability but caution that expectations of a full 18% premium cut are ...

With GST rate rationalisation, the tax on cars, two-wheelers, three-wheelers, trucks and buses will reduce to 18% from 28%.

The highly anticipated Goods and Services Tax (GST) reforms proposal inched closer to turn into a reality after the Group of Minister (GoM) approved the Centre's proposal. The GoM on Thursday approved ...

A proposal has been made to exempt premiums for life and health insurance from Goods and Services Tax (GST), a move that could bring down costs and boost insurance penetration.

Even if the September quarter earnings take a hit, analysts say the pent-up demand would lead to a solid earnings show in Q3 and Q4 as the benefits of the lower tax slabs spur consumption.

Bihar Deputy Chief Minister Samrat Chaudhary on Wednesday said that the Group of Ministers (GoM) on GST is considering a ...

Hyderabad: Deputy Chief Minister and Minister of Finance and Energy Mallu Bhatti Vikramarka emphasized that a mechanism ...

GST assesse, registered in Mumbai and surrounding areas can file GSTR3B for July till August 27, a notification from the Central Board of Indirect Taxes and Customs (CBIC) said on Thursday. As per ...