The GST Council approves provisional refunds of 90% of accumulated Input Tax Credit for businesses with an inverted duty structure, effective November 1, ...

From Nov 1, firms facing an IDS will get 90% refunds upfront. Here's all you need to know about inverted duty structure & changes made during the 56th GST Council meet ...

Section 56 of the CGST Act grants an automatic right to 6% interest on GST refunds delayed over 60 days from the original application date. Learn how courts enforce this compensatory ...

New Delhi: If you’ve recently paid a multi-year insurance premium, here’s an important update. Starting September 22, 2025, the GST on individual life and health insurance premiums will drop to 0 per ...

New GST rates took effect on September 22, 2025, necessitating software updates for registered taxpayers. A step-by-step ...

The rate structure post the rationalisation makes the notebooks industry as the only one whose primary raw material in the value chain are taxed at 18 per cent, and the end product exempt from tax, ...