Recovery of credit taken based on documents issued by the ‘input service distributor (ISD)’ by subjecting it to scrutiny for ...
FULL TEXT OF THE ORDER OF APPELLATE AUTHORITY FOR ADVANCE RULING,TELANGANA ...
Supreme Court directs CBIC to re-examine tax return error provisions, reinforcing principle that buyers shouldn't be penalized for supplier errors.
The Input Service Distribution (ISD) mechanism will enable businesses with branches in multiple states to consolidate ...
In a significant ruling that promises ease of compliance to taxpayers under the goods and services tax, the Supreme Court has ...
Managing business expenses wisely is crucial, and leveraging the Input Tax Credit (ITC) system under GST can significantly reduce your tax liability. Entrepreneurship is all about smart financial ...
The Supreme Court has directed the CBITC to re-examine the GST filing correction timelines, emphasizing that clerical errors ...
The Supreme Court recently underscored the need for the Central Board of Indirect Taxes and Customs to fix realistic ...
"The company believes that it has accurately availed input tax credit and has merits in its case. Accordingly, the company is evaluating necessary legal recourse under the applicable law ...
The recent amendments in our tax laws have also brought some changes on the rules in claiming refunds of erroneously paid taxes as well as refund of unutilized input Value Added Tax (VAT) attributable ...
Finding that the refund claim was filed within two years from the “relevant date” as defined in Explanation 2(a) to Section 54(14) of CGST Act , the Madras High Court recently clarified that ...
Gandhinagar: The state govt informed the assembly on Monday that 17,191 cases of goods and service tax (GST) evasion, amounting to Rs 2,043.