philstar.com3d
A look back: A company’s claim for input VAT
Thus, it is important for taxpayers to adequately substantiate their claims for input tax credits and comply within the prescribed time limits set by the Bureau of Internal Revenue (BIR), which ...
Hindustan Times29d
Input tax credit: GSTR-2B statement delayed by 2 days, use recompute option
The GSTR-2B (input tax credit) statement will now be generated two days later on Thursday, January 16, from the originally scheduled date of January 14, for the December 2024 tax period.
Hosted on MSN1mon
2 days delay in input tax credit: Buyers will have to wait longer for GSTR-2B statement; use recompute option in this case
Experts say GSTR-2B is a critical document that allows buyers to claim Input Tax Credit (ITC). Unless the suppliers updates it accurately the buyer can not claim input tax credit. GSTN said the ...
Business Insider India3y
OPINION: GST Input Tax Credit changes from January 1 – Things to ask your vendor, how to protect your ITC and more
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 ...