Explains the shift from transaction value to MRP-based valuation under Rule 31D. Highlights how GST will now be calculated on printed retail ...

Gross GST collections rose 6.2 per cent to over Rs 1.93 lakh crore in January, mainly on higher revenues from imports, ...

Explains when GST applies to real estate transactions and when sale of land or buildings falls outside GST. The key takeaway is that GST targets construction services, not immovable property ...

While there are goods that are taxed at higher than 18%, the simplified GST rate structures have reduced the tax on a bulk of the eligible goods The new rates are likely to increase consumers’ ...

The government confirmed that the growth was supported by strong domestic activity and healthy growth in import revenues.

The inverted duty structure has become even more pronounced in light of the recent GST rate rationalisation, where most of ...

Bombay High Court grants interim relief to Himesh Foods Pvt. Ltd. in Mad Over Donuts GST dispute, impacting restaurant and café tax classification.

Ahead of Union Budget 2026, the auto industry seeks stronger EV incentives, rural support, infrastructure spending, ...