The Tribunal held that no profiteering arose where the ITC-to-cost ratio declined after GST. The key takeaway is that absence ...

Proceedings were closed after it was confirmed that GST ITC benefits had already been passed on to flat buyers. The decision emphasizes that resolved ITC benefit disputes do not warrant continued ...

Union commerce and industry minister Piyush Goyal has assured that the reduction in Goods and Services Tax (GST) rates will directly benefit the common man, with industries across sectors committing ...

GST 2.0 tax changes come into force from September 22, 2025, bringing a big reshuffle of tax rates across goods and services. The new framework brings in two primary tax rates of 5% and 18%, while ...

As millions of Canadians feel the pressure of rising costs, the federal government has introduced changes to boost the Goods and Services Tax (GST) credit. Here’s what you need to know.

After the rationalisation of goods and services tax (GST) on insurance premiums, the insurance industry is now seeking ...

Highlighting a recurring pattern in GST litigation and audits, the financial expert pointed out that notifications cannot be ...

Discover how TheGSTCo simplifies GST registration using virtual office solutions. Learn the key benefits, cost savings, ...

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 ...