Ultimately, the AAAR rejected the appeal, affirming the GAAR’s earlier ruling that Aorom Herbotech’s herbal cigarettes were ...

A scrutiny of the Centre’s financial management makes it clear why systemic distortions must take priority in the Budget.

As corporate tax and disinvestment receipts fall and tax-to-GDP stagnate, the GST has to do the heavy-lifting to bring ...

The finance ministry assures there is no concern regarding the sufficiency of the GST compensation cess fund. It is on track ...

India's GST revenue grew by 7.3% year-on-year in December, reaching Rs 1.77 lakh crore. Central GST was Rs 32,836 crore, ...

During the financial year 2023-24, the total gross GST collection was recorded at Rs 20.18 lakh crore, with an 11.7 per cent ...

The GST compensation cess fund might have a ₹1.37 lakh crore shortfall by March 31 due to ₹50,000 crore interest on Covid ...

THE GST COUNCIL raised the tax rate on ready-to-eat popcorn to 18% in cases where it is mixed with sugar, thereby changing ...

Under GST, essential items are either exempted or taxed at the lowest slab, while luxury and demerit items attract the highest slab. Luxury goods like cars, washing machines, and demerit goods like ...

What did we get? Right off the bat, GST was launched in 2017 with five rates — 0 per cent, 5 per cent, 12 per cent, 18 per ...