The Central Board of Indirect Taxes and Customs (CBIC) has issued Circular No. 212/6/2024-GST dated 26th June 2024, providing much-needed...

In a significant relief for taxpayers across the country, the Supreme Court of India has upheld the Gujarat High Court’s landmark judgment in the case of M/s Yasho Industries Ltd. vs Union of India (dated 17 October 2024), allowing businesses to utilize the Input Tax Credit (ITC) from their Electronic Credit Ledger (ECL) to make the mandatory 10% pre-deposit while filing appeals under the Goods and Services Tax (GST) law.

The introduction of the Goods and Services Tax (GST) in India in 2017 marked a significant shift in the country’s indirect tax framework....

Introduction Goods Transport Agencies (GTAs) are vital facilitators in India’s supply chain and logistics sector. Under the GST regime,...