This explains how non-realisation of export proceeds within FEMA timelines leads to GST refund reversal and interest liability. The key takeaway is that exporters must track realisation deadlines ...

Net domestic GST collection fell over 5% in December due to rising refunds, though overall gross collection grew by 6%.

New Delhi, Sep 5 (IANS) In what comes as a relief to e-commerce exporters, the GST Council has approved DGFT’s proposal to eliminate the value threshold for GST refunds on low-value consignments. The ...

The Court held that refund rights accrued before the 2019 amendment to Section 54 cannot be taken away retrospectively. The key takeaway is that limitation changes cannot extinguish vested GST refund ...

The GST 2.0 reforms aimed to simplify the system with fewer tax slabs, however businesses continue to face challenges in ...

As the central government prepares for the upcoming Union Budget 2026, financial experts are shifting their focus toward ...

Domestic GST growth remains muted after September rate overhaul, while import-linked collections and refunds shape December ...

Ahead of the Union Budget 2026, fertiliser manufacturers have sought a uniform 5% GST across all fertilisers, faster refund of excess GST credits and a unified licensing system to ease working capital ...

While acknowledging GST 2.0 as a "landmark reform" for the sector, particularly the reduction in GST from 12 per cent to 5 ...