This comes after a record high Goods and Services Tax (GST) collection in April, when the revenues touched an all-time high ...

Input Tax Credit (ITC) is one of the fundamental aspects of GST and an important feature in mitigating tax burden on businesses. It enables a taxpayer to offset the tax incurred on inputs (inputs like ...

Gross Goods and Services Tax (GST) collections in May 2025 rose 16.4% to US$ 23.52 billion, marking strong import-driven growth and renewed fiscal momentum.

Dharmaraju Ragul, an unregistered individual, sought an advance ruling on the GST applicability of renting or leasing a goods ...

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 ...

Europeans familiar with VAT have a whole new language to learn as they try to understand US Sales and Use Tax (SUT). Both are ...