The goods and services tax network (GSTN) has introduced a solution to help GST registered taxpayers into claiming the ...
Gauhati High Court held that petitioner is entitled to claim input tax credit subject to conditions prescribed to newly inserted section 16 (5) and section 16 (6) of the CGST Act, 2017 which are ...
Buyers will not be able to claim input tax credit if the seller did not upload the e-invoice on the IRP portal within 30 days ...
Summary: The Central Board of Indirect Taxes and Customs (CBIC) clarified the GST compliance for schemes like “Buy One Get One Free” (BOGO) and secondary discounts through a circular issued on March 7 ...
Panaji: The GST Council’s retrospective amendment allowing taxpayers to claim input tax credit (ITC) on invoices of previous financial years has resol.
The new year 2022 is going to bring a significant change in the manner of availing Input Tax Credit (ITC) by the taxpayers under the Goods and Services Tax Act. The additional condition to avail ...
Hdfc Bank (HDB) has released an update. HDFC Bank has been fined Rs. 18.39 crore by the Deputy Commissioner of State Tax in Andhra Pradesh for ...
New GST/HST Notice 339, published on October 25, 2024, provides that as of the first day of the fiscal year that begins on or after January 1, 2025, dentists will no longer be able to claim GST/HST ...
The GST department has launched a crackdown on more than 1,000 suspicious firms in Madhya Pradesh, unveiling tax evasion worth Rs 124 crore and freezing Input Tax Credit (ITC) worth Rs 25 crore.
The Goods and Services Tax Network (GSTN) has introduced a change to the e-invoicing process for businesses. Starting April 1 ...