GST 2.0: A report by SBI Research has revealed that even though consumption may reach around 1.98 lakh crores due to GST reforms, the government's revenue may suffer a loss of up to 85,000 crores. GST ...

Can the GST portal help recover unpaid invoices? Learn how ITC reversal rules under GST can pressure defaulters and what legal steps suppliers can ...

The CBIC has released new set of GST FAQs dated September 17, 2025, clarifying CGST rates, exemptions, handicrafts, compensation cess, petroleum imports and composition schemes for bricks. These ...

GST Collection: GST collections in September 2025 increased to ₹1.89 lakh crore, a growth of 9.1% year-on-year and 1.5% month-on-month. Changes in GST rates and exemptions on 375 items boosted sales ...

The commerce ministry directs retailers to prominently display GST discounts. Consumers should see these reductions clearly on receipts as 'GST discount'. This applies especially to high-impact ...

Under new final regulations, effective for relief filed on or after May 6, 2024, clients can request a private letter ruling (PLR) to correct past mistakes in GST exemption allocations and elections.

A recent assessment by the Global Trade Research Initiative (GTRI) reveals that the Central government may face a potential revenue shortfall of approximately Rs 10,664 crore in Integrated Goods and ...

New Delhi: In a major relief for taxpayers, the government has extended the deadline for filing the GSTR-3B tax payment form. As per the latest announcement by the Central Board of Indirect Taxes and ...

Union Finance Minister Nirmala Sitharaman announced the new GST structure yesterday, with a slew of changes to the taxation for the automotive industry. While most of the clauses are reserved for the ...

https://www.thehindubusinessline.com/economy/gst-rate-cut-government-to-not-restore-anti-profiteering-mechanism-plans-to-engage-with-industries-to-pass-the-benefit-to ...