AAAR concluded that mobilization advances are taxable upon receipt since they directly relate to the supply of services under ...

The goods and services tax/harmonized sales tax (GST/HST) credit is a tax-free quarterly payment that helps individuals and families with low and modest incomes offset the GST or HST that they pay. It ...

ITAT Bangalore held that entire bogus purchases cannot be considered for addition, however, only gross profit of such alleged bogus purchases needs to be considered. Accordingly, directed AO to ...

NEW DELHI, Dec 23 (Reuters) - India's move to tax popcorn differently based on its sugar or spice content has drawn criticism from the opposition and sparked social media outrage, with two former ...

Rule 46 (b) of the CGST Rules 2017 specifies that the tax invoice issued by a registered person should have a consecutive serial number, not exceeding sixteen characters, in one or multiple series, ...

The GST Council introduced a 'track and trace' system for tax-prone goods, requiring unique identifiers for supply chain monitoring. Online service pr ...

The 55th meeting of the Goods and Services Tax (GST) Council, chaired by Union Finance Minister Nirmala Sitharaman, is set to take place in Jaisalmer, Rajasthan, on Saturday. As a crucial event ...

NEW DELHI, Dec 21 (Reuters) - An Indian government panel has rejected an airline industry proposal for aviation fuel to be brought under the unified Goods and Services Tax (GST), the finance ...

The Delhi High Court recently granted relief to a logistics company aggrieved by the decision of Assistant Commissioner, GST, rejecting its reply to a show cause notice by way of a 'template' order.

The reduced tax means that the food delivery companies will no longer be eligible to claim input tax credit while filing GST. The GST Council might bring a cheer for food delivery apps such as ...

The introduction of the Invoice Management System (IMS) by the GST Network has brought a shift in how businesses manage Input Tax Credit (ITC) claims and compliance. This new system allows taxpayers ...

Elenis says any restaurant that collects tax over the next two months could be investigated by the Canada Revenue Agency. "If a business doesn't comply and charges the GST and HST, and it's ...