The Court set aside the refund rejection holding that software services exported to a foreign parent cannot be treated as intermediary services. The ruling directs release of the denied GST refund ...

This explains how non-realisation of export proceeds within FEMA timelines leads to GST refund reversal and interest liability. The key takeaway is that exporters must track realisation deadlines ...

The Goods and Services Tax Network (GSTN) in an advisory dated August 28, 2025 said that the GST system has been enhanced to allow for claiming Goods and Services Tax (GST) refunds when individual ...

The changes aim to omit the requirement of establishing the discount in terms of an agreement entered into before or at the ...

While acknowledging GST 2.0 as a "landmark reform" for the sector, particularly the reduction in GST from 12 per cent to 5 ...

Ahead of the Union Budget 2026, fertiliser manufacturers have sought a uniform 5% GST across all fertilisers, faster refund of excess GST credits and a unified licensing system to ease working capital ...

Domestic GST growth remains muted after September rate overhaul, while import-linked collections and refunds shape December mop-up ...

The GST 2.0 reforms aimed to simplify the system with fewer tax slabs, however businesses continue to face challenges in ...

The December performance followed a relatively muted showing in November, when gross GST collections edged up just 0.7% to around Rs 1.70 lakh crore, indicating that revenue growth remains uneven ...

As the central government prepares for the upcoming Union Budget 2026, financial experts are shifting their focus toward ...

One of the most persistent grievances relates to Goods and Services Tax refunds that foreign missions are entitled to under ...