Starting November 1, businesses will benefit from a streamlined registration process. India is shifting to two primary GST slabs — 5% and 18% — with a higher 40% rate reserved for luxury and sin goods ...
October 2025's GST return is the final window for crucial adjustments for FY 2024-25, including claiming pending ITC, reconciling GSTR-2B, issuing credit notes, and making classification ...
The Andhra Pradesh High Court ruled that the two-year limitation period under Section 54 of the CGST Act does not apply to refund applications for tax paid without the authority of law. The court ...
While domestic refunds grew 26.5 per cent y-o-y to Rs 13,260 crore in October, refunds for imports were up 55.3 per cent to ...
Of this, the gross domestic GST collection stood at ₹1.45 lakh crore in October, up 2%. Tax from imports stood at ₹50,884 crore, up 12.84%. GST refunds also surged to ₹26,934 crore, recording by 39.6% ...
According to the government data released on Saturday, gross GST mop-up in October was about Rs 1.96 lakh crore, a 4.6 per ...
They suggested that the Interest Equalisation Scheme (IES) be reintroduced. This, they said, would reduce the cost of credit ...
India’s GST collections rose 4.6% in October 2025 to ₹1.96 lakh crore, but domestic growth slowed amid rate cuts, refunds, and deferred festive purchases.
The total GST refunds show a wide growth of 39.6 per cent per month, which includes domestic refunds at 26.5 per cent and ...