inverted duty structure

Expectations from the 54th GST Council Meeting on September 9, 2024

1 September 2024 by Adv Aditya Narayan

With critical sectors like insurance, petroleum, and online gaming under scrutiny, this GST council meeting could set the course for the future of India’s indirect tax system. The 54th GST Council Meeting is set to take place on September 9, …

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Government Plans Major Overhaul of GST and Customs Duty to Address Inverted Duty Structure Issues

24 May 2024 by Adv Aditya Narayan

Government Plan to Rejig GST & Customs Duty to Address Inverted Duty Structure Issues Government plan to Rejig GST & Customs:The government is actively working to resolve the issues caused by the inverted duty structure, which distorts trade and hampers …

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