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India GST show cause notice bunching: Conflicting high court rulings, limitation concerns and CBIC stance

º¬Ðß²ÝÉçÇø GST reform simplifies taxes but poses transition challenges

º¬Ðß²ÝÉçÇø rapid economic growth is driven by its demographic advantage and development ambitions

Taxes on cross-border transactions are generally based on the goods or services' calculated value

The island nation is ringing in tax changes to keep it competitive, pay for an energy transition, and align with new international standards

The GST Council, responsible for implementing the Goods and Services Tax (GST) in India, has upheld the 28% tax on online gaming, casinos and horse racing

The CBIC has announced a significant reduction in the aggregate turnover threshold for e-invoices in a bid to broaden the tax base and promote digital tax compliance

A look back at the past five years shows that GST hasn't been the game-changer that was promised

Businesses falling under the ambit of the goods and services tax (GST) with a turnover of INR100 million (USD1.2 million) are now required to generate e-invoices for their transactions starting 1 October 2022