The court held that ITC disallowance under Section 16(4) became unsustainable due to retrospective statutory amendment and remitted remaining issues for fresh adjudication with conditional ...

The Tribunal held that no profiteering arose where the ITC-to-cost ratio declined after GST. The key takeaway is that absence ...

GST 2.0: From Amul to ITC, FMCG giants slash prices on ghee, chocolates, juices and more. (Image: Reuters) The daily essentials and food items are set to become cheaper starting today as FMCG ...

VIJAYAWADA: Seeking restoration of Input Tax Credit (ITC), the Andhra Pradesh Star Hotels Association (ASHA) has submitted a detailed representation to Union Finance Minister Nirmala Sitharaman, ...

With Budget 2026 nearing, insurers seek higher tax deductions, extension of benefits to the new tax regime, and GST input tax ...