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India’s 73 million MSMEs contribute 30% to the GDP and 45% to the overall exports. The proposed reforms, which follow a cut ...

The court upheld GST cancellation after finding inconsistent affidavits and no supporting evidence of business activity. Mere allegations of procedural lapse without prejudice were held ...

The Gauhati High Court held that cancellation for non-filing of returns can be reconsidered if all pending returns and dues are paid, directing authorities to consider restoration under Rule ...

Thane: A case has been registered against four persons for allegedly creating eight fake GST-registered firms and claiming ...

The Calcutta High Court held that Input Tax Credit (ITC) cannot be denied to a purchasing dealer merely because the supplier's GST registration was cancelled retrospectively. Justice ...

The Gujarat High Court has restored GST registration subject to compliance with filing of pending returns and payment of outstanding tax with interest, late fee and penalty. A Division Bench ...

Micro enterprises are defined as businesses with annual turnover of up to Rs 10 crore under the revised MSME norms.

The GST cut in September has led to a 29% jump in registration of vehicles in the country except Telangana, the government ...

Authorities in Thane, Maharashtra, have booked four individuals for allegedly setting up fake GST-registered firms and ...

Jefferies also views the recent rally in Hero MotoCorp shares as largely valuation-driven and therefore unsustainable.