The GoM had also suggested lowering the GST rate on all individual health insurance policies to 5%, without the option of ITC ...

Mop-ups by way of goods and services tax (GST) will maintain above-nominal growth over the next few years, with expectations ...

CBIC warns taxpayers about fraudulent GST summons issued by impostors. Taxpayers should verify documents' authenticity ...

The GoM is examining all issues comprehensively and will submit a report. They will have to arrive at some consensus,' Sanjay ...

GST will not be charged on penal charges levied by banks and NBFCs, as clarified by the CBIC. This exemption is due to such ...

The Finance Ministry has issued a warning regarding fake GST violation notices created by fraudsters. These notices appear ...

The CBIC confirms that GST is not applicable on penal charges by banks and NBFCs, clarifying the tax implications for ...

The Central Board of Indirect Taxes and Customs (CBIC) has clarified that GST will not be applicable on penal charges levied ...

The CBIC chairman shared an optimistic outlook on GST collections, highlighting the recent record-breaking figure of ₹1.95 ...

Entities not needing GST registration but required to make tax payments can now obtain a Temporary Identification Number (TIN ...

Entities that are not required to get a GST registration but are required to make a tax payment under the GST Act provision ...

CBIC has introduced a new rule allowing entities not required to register for GST to obtain a Temporary Identification Number ...