Mamata Banerjee on Sunday wrote to Prime Minister Narendra Modi to exempt life-saving drugs for Covid-19 patients and items associated with the supply of medical oxygen from customs duty and GST. The...

The government has already exempted from customs duty import of a host of Covid-related relief materials, including Remdesivir injection and its APIs, Inflammatory diagnostic (markers) kits, medical g...

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The finance ministry has released in advance to the states the first instalment of Rs 8,873.6 crore of the state disaster response fund (SDRF) for the current fiscal. Up to 50 per cent of the amount r...

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Flavoured milk is basically “beverage containing milk” and will attract 12 per cent GST, the Gujarat Authority for Advance Ruling (AAR) has said. Gujarat Co-operative Milk Marketing Feder...

The Bombay High Court on Tuesday permitted Chinese company ByteDance to operate its Indian bank accounts, that had been frozen by the Goods and Services Tax (GST) authorities over alleged tax evasion,...

Clearing the air over the applicability of gift cards or vouchers, the Tamil Nadu bench of the AAAR has ruled that GST would be levied on the underlying goods/services at the time of redemption. Kaly...

GST collections in March touched a record high of over Rs 1.23 lakh crore, a 27 per cent growth over the year-ago period, the finance ministry said on Thursday. “GST revenues crossed the Rs 1 l...

GST collections in March touched a record high of over Rs 1.23 lakh crore, a 27 per cent growth over the year-ago period, the Finance Ministry said on Thursday. "GST revenues crossed above Rs 1 ...