GST 2.0: Blocking ITC in Healthcare & Insurance – A Retrograde Step? Does it reintroduce cascading taxes like the excise era? Summary: By exempting or nil-rating critical sectors like healthcare and ...

The Goods and Services Tax (GST), introduced in India on July 1, 2017, marked a transformative step in creating a unified indirect tax regime across the country. The reform aimed at removing cascading ...