GST: The government has made the ISD mechanism mandatory, effective April 1, 2025. This means that the distribution of common ...

The Goods and Services Tax (GST) was implemented in July 2017 and multi-state GST registrations have been facing confusion regarding the process for distributing common input tax credits (ITC) availed ...

Businesses with a turnover of less than $75,000 are given the choice of registering for GST because if a business is spending ...

While lower GST could help increase penetration of insurance, some experts call for controlling medical inflation as well ...

The Goods and Services Tax (GST) was implemented in July 2017 and multi-state GST registrations have been facing confusion regarding the process for distributing common input tax credits (ITC) availed ...

Input Service Distributor (ISD) [w.e.f. 01/04/2025] The concept of ISD started as a facility made available to businesses having a large share of common expenditure and billing / ...

Recovery of credit taken based on documents issued by the ‘input service distributor (ISD)’ by subjecting it to scrutiny for eligibility thereof at recipient unit; Section 2 (61) of CGST defines ...

The GST Council has asked the Insurance Regulatory and Development Authority of India (IRDAI) to provide recommendations on ...

Nashik: The anti-evasion branch of central goods and service tax (CGST) and central excise, Nashik commissionerate, arrested ...

Increase in ITC fraud cases and amount detected in current fiscal, with measures taken to prevent tax evasion.

The latest carve-up of the GST has hit Queensland’s budget while boosting Victoria’s. But it has also led to new calls for an ...

GST 'carve up' sees billions in tax dollars allocated to states and territories based on their relative need and ability to ...