Before adjusting for refunds, revenue collection stood at ₹2 trillion, an 8.8% annual increase. This is the first time since ...

The issue is whether GST refunds are restricted by statutory timelines. The key takeaway is that unconstitutional tax ...

The Finance Act amendment could primarily benefits IT/ITeS companies, marketing firms, and businesses providing intermediary ...

The law permits refund of input tax credit on exports due to their zero-rated nature. The discussion clarifies refund ...

In a sharp reminder to tax authorities to strictly follow statutory procedure, the Bombay High Court has set aside an order rejecting a Rs 23.67 crore GST refund claim of Golden Cryo Pvt. Ltd., ...

In a major relief for India’s IT services exporters, the government has scrapped the contentious “intermediary” clause under ...