Explains the legal situations where suppliers can correct excess GST through credit notes. Highlights that reduction in tax liability is conditional on timelines, ITC reversal, and absence of unjust ...

This piece explains how genuine businesses are often accused of fake invoicing because suppliers fail to comply with GST ...

Central and state tax officials have suggested the option of online GST registration with live photo and use of biometrics to weed out the menace of fake firms claiming input tax credit, sources said.

GST 2.0 has, by and large, settled in. RBI pegs GDP growth at roughly 6.8%, and international agencies continue to endorse India's resilient growth prospects. Revenue collections remain buoyant ...

The Goods and Services Tax (GST) in India is an indirect tax that has replaced many previous indirect taxes such as excise duty, VAT, and service tax. GST is levied on the supply of goods and services ...

Karnataka Commercial Taxes Department busts a ₹1,464 crore interstate GST fake invoicing cartel, arresting four in a ...

The government’s GST Intelligence body found that fake invoices were used by two Instakart vendors who are engaged in manpower supply Instakart has claimed that transactions with the vendors were ...

Starting April 1, a significant change is imminent in the GST system with the enforcement of the Input Service Distributor (ISD) mechanism. This mandatory alteration is designed to ensure that state ...

An in-depth look at how Next-Gen GST is driving investments, boosting demand, supporting digital infrastructure, and ...