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Post-sale discount not taxable under GST, clarifies CBIC

The New Indian Express Madurai

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September 15, 2025

The government has clarified that routine post-sale discounts will remain outside the ambit of GST unless such discounts are tied to certain specified 'taxable' activities.

- DIPAK MONDAL

The Central Board of Indirect Taxes and Customs (CBIC) has issued guidelines on goods and services tax (GST) treatment of post-sale discounts, aiming to bring clarity and reduce litigation in an area that has long been contentious for businesses.

MEER VERHALEN VAN The New Indian Express Madurai

The New Indian Express Madurai

Pushed out by tigers, leopards stray into human dwellings in U’khand

A growing tiger population in Uttarakhand is creating tension in the forests, not just among humans but also among wildlife.

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1 mins

October 10, 2025

The New Indian Express Madurai

Full freedom to forces against terror in J&K: Shah

UNION Home Minister Amit Shah on Thursday chaired a high-level meeting to assess the security situation in Jammu and Kashmir and reiterated the government’s commitment toa terrorism-free region.

time to read

1 mins

October 10, 2025

The New Indian Express Madurai

30 Japanese cos to invest in Guj to support 4 chip plants

THE four upcoming semiconductor projects in Gujarat are already attracting investments from ancillary and component manufacturers to support the sector in the state, Minister for Electronics and IT (MeitY), Ashwini Vaishnaw, said here on Thursday.

time to read

1 min

October 10, 2025

The New Indian Express Madurai

CM to address panchayats using optical fibre network

TAMIL Nadu’s rural broadband push is set to get a high-profile spotlight next week with Chief Minister MK Stalin scheduled to address thousands of village assemblies through a statewide optical fibre network.

time to read

1 min

October 10, 2025

The New Indian Express Madurai

The New Indian Express Madurai

NTA may allot exam centres based on Aadhaar to curb malpractices

FROM the coming academic year, candidates aspiring to take up the competitive exams conducted by the National Testing Agency are likely to be allotted centres based on the Address in their Aadhaar card.

time to read

1 mins

October 10, 2025

The New Indian Express Madurai

LG IPO breaks record, booked 54 times; gets bids worth ₹4.43 lakh cr

LG Electronics India has recorded one of the highest subscriptions ever for a large Indian IPO (₹10,000 crore and above), with its initial share sale oversubscribed 54 times.

time to read

1 mins

October 10, 2025

The New Indian Express Madurai

RCPL relaunches Velvette brand in Chennai

RELIANCE Consumer Products Limited (RCPL), FMCG arm of Reliance Industries Limited, on Thursday launched Tamil Nadu's iconic personal-care brand Velvette, in collaboration with the CK Rajkumar family.

time to read

1 min

October 10, 2025

The New Indian Express Madurai

A NOBEL WIN INDIA MUST TAKE NOTE OF

HE 2025 Nobel Prize in physiology or medicine could not have come ata more relevant time for India.

time to read

1 mins

October 10, 2025

The New Indian Express Madurai

The New Indian Express Madurai

Prime accused in Armstrong murder case dies at GH

P Nagendran, a life convict who was named as the prime accused in the murder of former Bahujan Samaj Party (BSP) TN president K Armstrong, died at Government Stanley Hospital in Chennai on Thursday.

time to read

1 min

October 10, 2025

The New Indian Express Madurai

MP points finger at TN over syrup factory licence renewal

COUGH SYRUP DEATHS

time to read

1 mins

October 10, 2025

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