In the case In re Geekay Wires Limited, the GST Appellate Authority for Advance Ruling (AAAR) Telangana addressed whether ...
FULL TEXT OF THE ORDER OF APPELLATE AUTHORITY FOR ADVANCE RULING,TELANGANA ...
The Law Committee, a key body responsible for interpreting and advising on GST-related legal issues, recently held a meeting to address queries regarding the reversal of Input Tax Credit (ITC ...
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Tax burden on corporate sponsorships eased“It eliminates complexities of the reverse charge mechanism, ensuring seamless input tax credit for recipients and giving providers greater control over tax reporting,” said Sehgal ...
As an entrepreneur, every rupee saved is a rupee earned. Managing business expenses wisely is crucial, and leveraging the Input Tax Credit (ITC) system under GST can significantly reduce your tax ...
IndiGo, India's leading airline, has been fined Rs 1.30 crore by the Joint Commissioner, Corporate Circle, Ahmedabad, Gujarat, concerning input tax credit claims for the financial year 2020-21.
"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 ...
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