CHENNAI: The CGST Chennai North commissionerate on Monday said it busted a fake GST invoice racket operated to fraudulently ...

The Central Board of Indirect Taxes and Customs (CBIC) recently announced that 90 per cent of GST refunds will now be ...

GST 2.0 reforms effective Oct 1, 2025: streamlined rates (5%, 18%), mandatory IMS for ITC verification, GSTR-3B locking, and new credit note reversal ...

Insurers face higher operating costs, and distributors face lower earnings, highlighting the unintended consequences of a ...

Starting September 22, insurers can't claim input tax credit (ITC) on GST paid for commissions on individual health and life policies, as clarified by CBIC. This aligns with the new GST structure ...

GST Council’s next meeting may ease compliance, address ITC refund issues, include electricity & gas under GST, and propose ...

According to the guidelines, "restaurant services" within "specified premises" are to be taxed at 18 per cent, with Input Tax ...

Life insurance companies have dismissed concerns over the impact of Goods and Services Tax (GST) exemption on input tax credit, saying they have strategies in place to manage the situation.

As they pass on the Goods and Services Tax (GST) benefit to policyholders, private life insurers appear to have shifted the ...

IBAI urges industry dialogue on GST burden transfer, market conduct concerns, and transparency in general insurance sector.

The Enforcement Directorate attached properties worth Rs 15.41 crore in West Bengal linked to a GST input tax credit fraud ...