Judicial precedents confirm that where goods or services support taxable supplies, only proportionate ITC reversal is permitted. Complete denial of credit would violate the value-added taxation ...
Since the implementation of the goods and services tax (GST) in July 2017, businesses with multi-state GST registrations have faced confusion regarding the process for distributing common input tax ...
GSTAT accepted the DGAP investigation finding that the developer retained additional ITC benefit after GST introduction. The amount must be passed on to buyers with ...
Starting April 1, a significant change is imminent in the GST system with the enforcement of the Input Service Distributor ...
New GST/HST Notice 339, published on October 25, 2024, provides that as of the first day of the fiscal year that begins on or after January 1, 2025, dentists will no longer be able to claim GST/HST ...
New Delhi: During the Winter Session, Parliament passed the Goods and Services Tax (Second Amendment) Bill, 2025. With this, Manipur’s GST law has now been fully aligned with India’s updated national ...
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 ...
Did our AI summary help? India’s private life insurers saw a 21 percent year-on-year growth in October–November 2025 volumes after the goods and services tax (GST) exemption revived demand. However, ...