Explains the legal situations where suppliers can correct excess GST through credit notes. Highlights that reduction in tax liability is conditional on timelines, ITC reversal, and absence of unjust ...
The GST/HST credit is a series of payments available to low- and modest-income Canadians. You're automatically considered for the GST/HST credit when you file your taxes. Many or all of the products ...
November 30, 2024, is the last date to claim any pending input tax credit (ITC) or amend any errors or omissions in compliance with the Goods and Services Tax (GST) rules and regulations for FY ...
“Goods and Services Tax (GST) officers have uncovered fake Input Tax Credit (ITC) claims of ₹15,851 crore in the April-June quarter of current fiscal, a 29% jump over the year-ago period, even though ...
Mumbai: After the insurance industry lost input tax credit benefits from the recent goods and services tax (GST) exemption, the sector's intermediaries are drumming up support for a ‘zero-rate’ tax ...
If you're eligible for the GST/HST Credit, a nice little financial boost could be headed your way this week. The Canada Revenue Agency (CRA) is set to send out payments starting in early April, ...
The Goods and Services Tax (GST) Council, after its 56th meeting on 4 September 2025, announced a GST exemption on all health and life insurance premiums as part of the central government's indirect ...
The GST Council, as widely expected, moved to a two-slab indirect tax system by retaining the 5% and 18% rates and doing away with the 12% and 18% slabs. The GST Council has been maintaining the ...
Sanjeev Sanyal, economic advisor to PM Narendra Modi, at NDTV Profit GST Conclave. Sanjeev Sanyal, economic advisor to Prime Minister Narendra Modi, has explained the concept of Goods and Services Tax ...
Insurance analysts reason that individual life and health insurance premiums are exempt from paying GST, so insurers cannot ...
Nagpur: Reducing Goods and Services Tax (GST) to nil or zero on a slew of items and services would rather make the pricing higher instead of bringing it down, argued members of the Vidarbha Industries ...