Recent GST changes simplify post-sale discounts via Credit Notes, mandate invoice-wise TDS reporting in GSTR-7, impose a 3-year limit on filing old returns, and introduce electronic filing for GSTAT ...

In an effort to streamline the GST registration process and eliminate unnecessary bureaucratic hurdles, the Central Board of Indirect Taxes and Customs (CBIC) has issued new instructions aimed at ...

New GST instructions (06/2025) detail risk-based provisional sanction of 90% refund for zero-rated supplies and IDS claims filed on/after Oct 1, ...

On September 3, Finance Minister Nirmala Sitharaman revealed GST reforms, simplifying the structure to two rates of 5% and 18 ...

The rate rationalisation is meant to leave more disposable income in the hands of people, which is seen spurring household ...

Rationalisation of the GST framework - a process that began this morning with Finance Minister Nirmala Sitharaman chairing a GST Council meet - is based on sharp differences in revenue collected under ...

GST Appellate Tribunal (GSTAT) to start hearings by December, reducing litigation and freeing working capital for MSMEs and exporters. With 116 members, 32 benches, and 45 locations, GSTAT aims to ...

The bulletin states that the GST Council has introduced important changes (rate rationalisation and process simplification), ...

GST 2.0 marks a significant overhaul of Indias tax regime, simplifying the structure to two slabs. While rate rationalisation and process reforms are really beneficial and ease compliance, key ...

By Siddharth Maurya As India's most symbolically loaded festival season beats at the doorstep, gold still gets all the ...