The aviation industry wants the government to include ATF under the goods and services tax (GST) to benefit from input tax credit and reduce the stress on operations.

The industry is currently considering its options and is hoping to approach the government for talks on reconsidering the tax rate.

The Supreme Court reiterates that the GST Act is supreme, and the principles enunciated in the Act cannot be disregarded by passing notifications that are not in conformity with the Act

The three-tax structure of GST -- integrated, central and state -- with a requirement to register and pay each in every state of operation has made GST complex, more so for mid-sized and small businesses.

At Rs 1.49 lakh crore, the July GST mop-up is the new second-highest amount collected in a month

A roadmap for the creation of the appellate tribunal, taxing of the online gaming sector and rationalisation of slabs are some crucial decisions that the Council should not delay any longer

Resolution of long-pending issues at the February 18 meeting will be a pointer to the GST Council’s intent to move ahead with wider reforms 

The recommendation was made in view of the concern with respect to audit in GST under which a large number of documents are being sought from taxpayers for conducting an audit

Only established and well-entrenched skill gaming companies may be able to scrape through this change by using their existing capital reserves to counter the effects of increased tax liability, the All India Gaming Federation said

A Calcutta High Court ruling in 2017, had declared that supply by any entity is not authorised to distribute electricity should be taxed, whereas the Delhi Electricity Regulation Commission had ruled that such supply is GST exempt. The Council is expected…

The GST Council also reduced the tax rate on branded, pre-packaged and labelled millet-based flour to 5% from 18%