Tobacco products, a key contributor to India’s GST revenue, are about to undergo changes

The 55th meeting of the GST Council, chaired by Union Finance Minister took place

In a significant development, the GST Council is set to revisit the recent SC ruling

The state-wise contributions to the national GST pool have exhibited notable trends

The CBIC has issued an advisory to address concerns about discrepancies in Annual Return

The GoM on GST rate rationalization has recommended sweeping changes to tax rates

The Ministry of Finance has revised the jurisdiction of State Benches for GSTAT

GST collections have shown a noticeable slowdown in the first half of FY25

In a landmark ruling, the SC has overturned a 2014 Bombay HC decision

In a surprising shift, state governments have significantly reduced their borrowing