Understand the complexities of Input Tax Credit (ITC) under GST. This overview explores how the system functions as both a benefit and a burden for businesses.
Learn how arbitration can resolve international digital tax disputes between governments and multinational corporations, offering a path to stability and avoiding trade conflicts.
The 56th GST Council meeting proposes a tax rate cut from 12% to 5% for sports goods, toys, and leather goods, and for footwear valued under ₹2,500.
he GST Council has cut tax rates on consumer electronics. This summary details how items like TVs, ACs, and dishwashers will become more affordable.
An overview of GST 2.0 reforms, including a new three-slab structure, lower rates on essential goods, and simplified compliance aimed at making India’s tax system more efficient.
An overview of the compliance challenges Indian MNEs and tax authorities face due to OECD Pillars 1 and 2, covering profit allocation, minimum tax, and incentive impacts.
Explore the application of the legal doctrine of res judicata in tax matters. This summary covers its general principles, limited applicability, and key exceptions in tax disputes.
Explore the evolving jurisprudence on GST and employee secondments. This summary covers key court rulings and their implications for multinational companies’ tax liabilities.
Explore how the India-UK CETA and DGFT’s warehousing clarification intersect with India’s GST framework, creating potential trade facilitation and tax compliance challenges.
Learn about the impact of a GST rate reduction without ITC on accumulated credit. This summary discusses whether ITC can be refunded, utilized, or must be written off.
