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

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 ...

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 ...

d. GST rate on trauma, spine, and arthroplasty implants falling under HSN 9021 attract 5% and the past periods are regularized on an “as is where is” basis. It is clarified that no refunds will be ...

From rate rationalisation to cess management and expanding the GST base, India's evolving tax regime faces critical design ...