The law permits refund of input tax credit on exports due to their zero-rated nature. The discussion clarifies refund ...
The transition from the erstwhile indirect tax regime to the Integrated Goods and Services Tax Act, 2017 (“GST”) was intended to be seamless, ensuring continuit ...
The dispute arose due to mechanical application of Rule 86B by tax authorities. It was held that satisfying exception ...
VIJAYAWADA: Seeking restoration of Input Tax Credit (ITC), the Andhra Pradesh Star Hotels Association (ASHA) has submitted a detailed representation to Union Finance Minister Nirmala Sitharaman, ...
GST is a destination-based value-added tax on final consumption, it is not meant to be a tax on production or investment. India faces a paradox today. Its GDP growth is among the fastest in the world, ...
The DGGI has issued a notice to Infosys for allegedly claiming ₹414.88 crore in improper ITC refunds for services exported between 2018-19 and 2023-24. The investigation suggests the IT giant included ...
Life insurers are expected to report a mixed performance in the third quarter. While the GST rate cut is expected to boost premium growth and profitability, margins may come under pressure due to the ...
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