With GST changes creating both winners and laggards, insurers are now looking to the Insurance Amendment Bill as the next major trigger for sector-wide re-rating
According to an exchange filing, the notice was received "as part of an industry-wide GST investigation, concerning classification of instrument clusters"
The auto major said that the two orders issued by the Kanpur's GST Department were unwarranted
The Central Goods and Services Tax (Second Amendment) Bill, 2023, seeks to cap the age for president and members of the GST appellate tribunals (GSTAT) at 70 years and 67 years, respectively, higher than 67 years and 65 years specified earlier.