Hyderabad: Telangana has emerged as one of the stronger performers in Goods and Services Tax (GST) collections, recording a ...

India’s consumption and economic activity, because of strong domestic demand momentum, remained robust in early period of FY27, with goods taxable supply rising 27 per cent and services expanding 22.2 ...

Indian banks have resumed gold and silver imports after a month-long halt triggered by a 3% tax dispute, here's what happened, what the numbers show, and what comes next.

The Central Board of Indirect Taxes and Customs (CBIC) in March had allowed utilisation of input tax credit (ITC) of IGST towards the payment of Central GST and State GST. The CBIC has now clarified ...

HYDERABAD: The commercial tax department recorded an overall growth driven by IGST settlements. These taxes are from establishments, which are exempt such as the GST like hospitals, power companies, ...

The contradictory responses from the Goods and Services Tax Network (GSTN) to assessees’ queries on the unavailability of a new functionality for offsetting tax liability has raised concerns among ...

IGST is levied on all the inter-state transfer of goods and services and is governed by the IGST Act. In 42nd GST Council Meeting, Finance Minister Nirmala Sitharaman revealed that some states got ...

New Delhi: The court declared unconstitutional a part of the 2021 customs department exemption notification that required payment of integrated GST and a cess on the repair cost of goods re-imported ...

Businesses that have accumulated Integrated GST (IGST) credit in their books can settle it against central and state tax dues in any proportion, the revenue department has said. Importers typically ...