GST may appear simplified, but HSN classification remains central to compliance and disputes. Incorrect classification can lead to penalties and ...

What was meant to be a quick and compliance-friendly boost for small businesses under the September goods and services (GST) recast has turned out to be a damp squib for some early adopters. Starting ...

The Goods and Services Tax Network (GSTN) has enabled a new online facility on the GST portal for taxpayers to opt out of Rule 14A of the CGST Rules. Those taxpayers who are eligible can withdraw from ...

With Finance Minister Nirmala Sitharaman asserting that the GST rates will come down further, the Congress on Sunday said any ...

She said that to achieve Viksit Bharat by 2047, prudential fiscal management is essential for the Centre and the states. Finance Minister Nirmala Sitharaman said the Confederation of All India Traders ...

PM Modi has launched the GST Bachat Utsav, a 100-day campaign to ensure consumers benefit from simplified GST 2.0 reforms. The new structure reduces most GST slabs to just 5% and 18%, resulting in an ...

The Goods and Services Tax (GST) is a value-added tax levied on most goods and services sold for domestic consumption.

Starting November 1, 2025, the Goods and Services Tax (GST) framework in India has undergone significant updates aimed at easing compliance for small businesses while tightening timelines for return ...

Indian taxpayers will experience a shift in the Goods and Services Tax (GST) structure, as the revamped GST 2.0 comes into force. The new system simplifies the tax regime with just two primary slabs- ...

“The changes brought by the Union Government in the GST procedure are very simple, and there is no confusion,” Rajesh Munde, CGST Joint Commissioner, told the participants of a seminar on GST reforms, ...

Explains how GST applies to under-construction properties while completed properties remain outside its scope. The article highlights key GST rates, compliance rules, and their impact on developers ...