The High Court ruled that GST authorities must consider binding CBIC circulars on valuation. Failure to do so makes demands ...

ITC shares dropped over 5% on January 2, reaching a 52-week low of ₹345.35, following a government announcement of a new ...

Tobacco stocks experienced a sharp decline as the finance ministry formalized February 1st as the date for imposing ...

Shares of ITC and Godfrey Phillips tanked 10% and 18%, respectively as the finance ministry issued a notification imposing ...

Stakeholders seek more time for GSTR-9 and 9C as new ITC reporting rules introduce granular, multi-year reconciliations that ...

The GST order mainly alleges the levy of tax under the Reverse Charge Mechanism and excess availment of Input Tax Credit (ITC ...

ITC might need to hike prices by “at least 15%” to pass on the overall impact to consumers, if not higher. ITC gets over 40% ...

Cigarette stocks plummet after a sharp tax hike, with analysts warning of significant impacts on volume and pricing.

Officials investigate a multi-crore GST scam in Chittoor involving fake tax claims using credentials of daily-wage earners.

The cigarette segment is crucial to ITC, contributing nearly 42% and a much higher 83% to the company’s standalone total ...