NEW DELHI: The government on Wednesday formally annulled the vestige of compensation cess on sin goods such as cigarettes and tobacco products from the Goods and Services Tax regime as decided by the ...

NEW DELHI: Central and state governments collected ₹1.61 trillion in Goods and Services Tax (GST) in February after refunds, marking a 7.9% year-on-year increase, official data released on Sunday ...

The gross goods and services tax (GST) collections reached Rs 1.88 lakh crore in February (January transactions), marking a year-on-year growth of 2.95%, reflecting a moderation from the previous ...

NEW DELHI, Dec 1 (Reuters) - India unveiled two new tax bills in parliament on Monday, aiming to overhaul levies on "sin goods" such as tobacco, a spice mix known as pan masala and other items, ahead ...

The Federation of Automobile Dealers Associations (FADA) has warned that the accumulation of over ₹2,500 crore in Input Tax Credit (ITC) linked to the now-abolished compensation cess following the ...

Central and state governments collected a record ₹2.43 trillion in Goods and Services Tax (GST) revenue prior to adjusting for refunds in the first month of the financial year, in spite of the sharp ...

Mumbai: The BMC has been allocated ₹2,587.54 crore by the state government as a compensatory grant from Goods and Services Tax (GST) collections. The amount accounts for nearly half of the ₹5,532.27 ...