LatestGoods & Service Tax (GST) 1 July 2026
GST Updates
Indian businesses are calling for simpler GST refunds and ITC rules as the Goods and Services Tax completes nine years, with the Orissa High Court ruling that the GST department cannot withhold refunds prior to filing an appeal before the Goods and Services Tax Appellate Tribunal, and taxpayers facing challenges with input tax credit and compliance
GST Updates
- The Orissa High Court has ruled that the GST department cannot withhold refunds prior to filing an appeal before the Goods and Services Tax Appellate Tribunal.
- Businesses are seeking simpler GST refunds and ITC rules as the Goods and Services Tax completes nine years.
- Taxpayers are facing challenges with input tax credit and compliance, with supplier defaults and invoice mismatches being major issues.
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