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

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

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 ...

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

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

The Court of Tax Appeals (CTA) has denied the petition of Avaloq Philippines Operating Headquarters which sought from the ...

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 ...

Andhra Pradesh High Court held that rule 86A of the Central Goods and Services Tax Rules permits blocking of credit which has ...

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