Availability of ITC on construction costs has been restricted retroactively from July 1, 2017, impacting commercial real ...

The government's retrospective amendment to the Finance Bill 2025 overrides the Supreme Court's ruling from October 2024, ...

Insurers argue that a complete exemption will lead to denial of input tax credit and the increased costs will have to be passed on to the consumers, negating the intended benefit of exemption ...

The government's amendment to the Finance Bill 2025 overrides the Supreme Court's 2024 ruling and disallows input tax credit ...

In the Union Budget , government proposed to clarify that commercial properties used for leasing purposes are not eligible ...

Against the backdrop of a Supreme Court ruling related to input tax credit, the government has mooted substituting the word ...

Rajasthan High Court has denied bail to Vineet Jain, who was arrested for allegedly availing Input Tax Credit (ITC) worth ₹10.87 crores using fake invoices and manipulated transport documents. The ...

It may be noted that GST rate on hotel accommodation depends on the amount paid per room accommodation per day. Presently from 18.7.2022 onwards, GST is 12% for a room in a hotel which would cost upto ...

GST authorities have imposed penalties totaling Rs 115.86 crore on IndiGo for not recognizing certain services as 'export of ...

CGST Commissionerate arrests person for ₹227 crore fake input tax credit fraud, passed on credit to own units.

Interglobe Aviation, IndiGo`s parent company, penalized ₹115.86 crore by GST authorities for undisclosed tax liabilities.