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

OEMs can now claim GST refunds for unutilized Input Tax Credit (ITC) caused by an Inverted Duty Structure (IDS). This helps ...

Nagpur: In Nagpur, the Information Technology & Information Technology Enabled Services (IT/ITES) and defence industries have ...

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 ...

Small businesses with turnover up to Rs 2 crore are exempt from filing GST annual returns starting FY 2024-25, offering ...

With the GST exemption on retail health and life insurance policies, many policyholders are weighing their options. Should they defer premium payments until 22 September to take advantage of the ...

Maharashtra's agriculture, industry, and services sectors are set to benefit from recent Goods and Services Tax (GST) reforms ...

CBIC announces 90% provisional refunds for low-risk assesses under GST, benefiting exporters; detailed scrutiny for others.

GST Council eases concerns in fertilizer sector, aligning input tax rates with finished products, but ITC accumulation ...

Explore India's 2025 GST rate changes under GST 2.0—simplified tax slabs, reduced rates on essentials, and a new 40% luxury ...

The industry may push for a new refund mechanism, but this would be difficult for the government to allow, given the high ...