On May 6, 2024, the Treasury Department published TD 9996, “Relief Provisions Respecting Timely Allocation of GST Exemption and Certain GST Elections.” These regulations address the circumstances and ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Pexels The Goods and Services Tax (GST ...

An in-depth look at how Next-Gen GST is driving investments, boosting demand, supporting digital infrastructure, and accelerating India’s economic growth.

Under new final regulations, effective for relief filed on or after May 6, 2024, clients can request a private letter ruling (PLR) to correct past mistakes in GST exemption allocations and elections.

As they kick off their festive season sales, e-commerce majors such as Amazon and Flipkart are working closely with sellers to ensure that the revised GST rates are passed on to every product. With ...

The year 2025 stood out as a major milestone in India’s economic journey. Instead of creating more rules, the government focused on making existing systems simpler and more effective. The aim was ...