Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. The introduction of GST brought about ...

While headlines focus on GST rate cuts, two silent but sweeping changes are set to hit taxpayers this November—faster refunds for inverted duty structures and a radically simpler registration process.

Nathealth, the apex body representing the Indian healthcare industry, has welcomed Honourable Prime Minister Narendra Modi’s recent announcement on forthcoming GST reforms, calling it a timely ...

The Fertilizer Association of India (FAI) has urged the Centre to bring Goods and Services Tax (GST) rate on ammonia and sulphuric acid, which are key raw materials in the production of di-ammonium ...

The challenge is particularly acute for companies with a narrow product portfolio, where rates across most products have been reduced to 5%. The current ITC refund mechanism does not take into account ...

The cut in GST is “actually very good”, said Deepak Shenoy, CEO of Capitalmind AMC, while RPG Enterprises Chairman Harsh Goenka called it a ‘big Diwali gift for every Indian. This comes after the GST ...

November 30, 2024, is the last date to claim any pending input tax credit (ITC) or amend any errors or omissions in compliance with the Goods and Services Tax (GST) rules and regulations for FY ...

The fertilizer industry plans to make a representation to both the Centre and state finance ministers to seek clarity on the inverted duty structure (IDS) that persists in the sector and is likely to ...