GST Council Meeting reduced rates on over 100 goods to correct Inverted Duty Structure (IDS), aiming to cut ITC refunds and propose 90% provisional refunds for faster cash ...
From Nov 1, firms facing an IDS will get 90% refunds upfront. Here's all you need to know about inverted duty structure & changes made during the 56th GST Council meet ...
OEMs can now claim GST refunds for unutilized Input Tax Credit (ITC) caused by an Inverted Duty Structure (IDS). This helps ...
Some insurers are now letting customers start their policy coverage from September 22, even if the policy was purchased earlier. This allows buyers to lock in the same terms while taking advantage of ...
The Indian government's removal of the 18% GST on life and health insurance premiums from September 22, 2025, has led to ...
Some insurers are now offering the option to start coverage from September 22 for policies purchased in advance, allowing ...
Starting September 22, 2025, the GST on individual health and life insurance premiums will be slashed to zero. However, ...
Tractor and fertilizer companies are requesting quicker GST refunds due to tax rate cuts effective 22 September, which will ...
The focus has been on GST slab rate rejig. Unnoticed is the forthcoming shift to AI-assisted, risk-based refund processing ...
With the GST exemption on retail health and life insurance policies, many policyholders are weighing their options. Should ...
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