The Financial Express

Explainer – The next step in GST reform: Correcting inverted duties

The concept of inverted tax structures has undergone a change post this reform. Earlier the differential input output rates ...
Tax Guru

Amendment in ITC set off provisions under GST

Summary of GST Rule 88A and Section 49 governing ITC utilization. Explains the mandatory order of set-off and the strategic ...

Input Tax Credit issue: Insurers to charge 18% GST on agents’ commission

Insurers face higher operating costs, and distributors face lower earnings, highlighting the unintended consequences of a ...

GST 2.0: Re-labelling of drugs, medical devices not mandatory for stocks issued before Sept 22

For other services such as beauty and physical well-being services, the Ministry said the GST rate of 5 per cent without ITC is mandatory. “Service providers do not have the option to charge 18 per ...
Business Today

GST exemption on insurance: Why Input Tax Credit loss worries insurers and what it means for your policy cost

The government’s decision to exempt health and life insurance premiums from the 18 per cent Goods and Services Tax (GST), effective September 22, 2025, has been welcomed as a big step toward ...
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New advisory by GSTN: GST E-Way Bill rules changed; Buyers’ input tax credit is at risk if seller does not follow these new rules

The Goods and Services Tax Network (GSTN) has announced the implementation of three important changes to the GST portal, which affect the business of buyers, sellers and transporters equally. All of ...