Both sales tax and GST are indirect taxes, meaning they are charged on transactions (purchases) instead of income, and the cost is ultimately paid by the person who buys the final product. The ...

The court ruled that absence of toll plaza receipts cannot justify denial of ITC when invoices, e-way bills, GST returns, and bank payments prove genuine ...

An upcoming Supreme Court ruling on the legality of the sweeping tariffs that President Donald Trump rolled out in April, briefly sending shockwaves through markets, looms as one of the next big tests ...

A GST refund occurs when a business either pays too much GST or is able to ask for a refund of their overpayment to the government. Examples of this include claiming extra input tax credits, exporting ...

The Colorado 2024 TABOR refund program allows Colorado residents to receive significant tax relief by refunding directly to the taxpayers who meet filing and residency requirements any excess state ...

NEW DELHI- The 56th GST Council Meeting, chaired by Union Finance Minister Nirmala Sitharaman, approved transformative “GST 2.0” reforms aimed at simplifying India’s indirect tax structure, reducing ...

New Delhi, Sep 4 (IANS) The reforms made in Goods and Services Tax (GST) by the GST Council, in its 56th meeting on Wednesday, will boost the affordability of life-saving drugs as well as address ...

Delhi's Chief Minister, Rekha Gupta, announced a festive financial relief for traders with the release of nearly Rs 1,600 crore in pending GST refunds. The funds, held since 2019, will be disbursed ...

The Goods and Services Tax Network (GSTN) in an advisory dated August 28, 2025 said that the GST system has been enhanced to allow for claiming Goods and Services Tax (GST) refunds when individual ...