The Goods and Services Tax Network (GSTN) has introduced a new rule disallowing upload of e-invoices older than 30 days on the invoice registration portal (IRP) from April 1, 2025, for a large ...
The government’s recent circular has brought clarity on trade discounts and credit notes under the GST regime, but has shifted compliance obligation and cash-flow pressure onto FMCG distributors, ...
Learn why businesses can claim input tax credit on GPA insurance under GST, as it is classified as general insurance, not life or health ...
Nagpur: Reducing Goods and Services Tax (GST) to nil or zero on a slew of items and services would rather make the pricing higher instead of bringing it down, argued members of the Vidarbha Industries ...
The Coal Ministry, in a statement issued on Monday (September 22, 2025), said that the reforms finalised at the 56th Council of the meeting, most of which came into force on September 22, would help ...
The Gauhati High Court recently quashed a ₹19.5 crore show cause notice (SCN) issued to food and beverage giant PepsiCo India ...
Prime Minister Narendra Modi on Thursday hinted at further reforms in the Goods and Service Tax (GST) in a manner that will reduce the tax burden on businesses and consumers further, and give a fillip ...
A recent GST circular clarifies trade discounts and credit notes, easing manufacturers' tax burden but creating cash-flow pressure for FMCG distributors due to accumulated input tax credit.