Judicial precedents confirm that where goods or services support taxable supplies, only proportionate ITC reversal is permitted. Complete denial of credit would violate the value-added taxation ...
Life insurers are expected to report a mixed performance in the third quarter. While the GST rate cut is expected to boost premium growth and profitability, margins may come under pressure due to the ...
In a major relief for individual policyholders, the Goods and Services Tax (GST) Council announced on September 3, 2025, that all individual health and life insurance premiums would no longer be ...
Hosted on MSN
GST officers detect Rs 15,851 cr fraudulent ITC claims in April-June, total 3,558 fake firms uncovered
GST officers have uncovered fake input tax credit (ITC) claims of Rs 15,851 crore in the April-June quarter of current fiscal, a 29 per cent jump over the year-ago period, even though the number of ...
The CBIC also clarified that hotels supplying units of accommodation which have value less than or equal to Rs 7,500 per unit per day, shall not be able to avail ITC on such units, as the GST rate for ...
Hosted on MSN
GST officers detect Rs 15,851 crore fake ITC claims in April-June; 3,558 bogus firms busted, 53 held
NEW DELHI: GST officers have uncovered fake input tax credit (ITC) claims of Rs 15,851 crore in the April-June quarter of current fiscal, a 29 per cent jump over the year-ago period, even though the ...
ITC is scheduled to announce its Q2FY26 results today, October 30. All eyes are on the Q2 performance, especially after the GST new rates and the potential impact on sales. The FMCG results out so far ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results