Exempt-income expenditure disallowance is confined to investments that actually generated exempt income, while supported business expenses remain dedu...
Objective characteristics and principal use govern mining-tyre classification, while fresh advance ruling applications may rely on additional technica...
Administrative fraud classification suspension does not halt independent criminal investigation or warrant-based searches into alleged economic offenc...
The government, exercising powers under the Integrated Goods and Services Tax Act, amends Notification No. 3/2017 by substituting "18%" for the existing entry in column (4) against serial number 1 in the notification's table, thereby imposing an 18% IGST rate on the specified inter-State supplies related to petroleum or coal bed methane operations; the amendment, made on the Council's recommendation, takes effect on 22 September 2025.
The government, exercising powers under the Integrated Goods and Services Tax Act, amends Notification No. 3/2017 by substituting "18%" for the existing entry in column (4) against serial number 1 in the notification's table, thereby imposing an 18% IGST rate on the specified inter-State supplies related to petroleum or coal bed methane operations; the amendment, made on the Council's recommendation, takes effect on 22 September 2025.
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