India’s engineering exporters have urged the government to cut income tax for non-corporate manufacturing MSMEs to 25 per cent and immediately release most pending goods and services tax refunds, ...

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 ...

The issue was whether refunds can be averaged across months. The key takeaway is that IDS refunds are strictly tax-period specific under GST ...

Union Budget 2026-27 expectations: Industry bodies flag compliance costs, cash-flow stress, and technology gaps as key risks, pitching for GST simplification, export credit support, and faster refunds ...

New Delhi, Sep 5 (IANS) In what comes as a relief to e-commerce exporters, the GST Council has approved DGFT’s proposal to eliminate the value threshold for GST refunds on low-value consignments. The ...

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

The GJC suggested a reduction of GST on gold and silver jewellery from 3 per cent to 1.25 per cent—or a uniform 1.5 per cent ...

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

By Smita Singh A critical aspect of GST implementation over the past 8 years to some extent has been policy variability. In ...

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

Despite technological advances and interstate trust embedded in the system, entrepreneurs struggle with audits, paperwork, and working capital constraints ...