Explains the legal situations where suppliers can correct excess GST through credit notes. Highlights that reduction in tax liability is conditional on timelines, ITC reversal, and absence of unjust ...
NEW DELHI: The GST Council has provided a much-needed relief to businesses, especially FMCG players, as credit notes are no longer linked to the invoices, which complicates matters for companies and ...
The High Court ruled that GST authorities must consider binding CBIC circulars on valuation. Failure to do so makes demands ...
Mumbai: After the insurance industry lost input tax credit benefits from the recent goods and services tax (GST) exemption, the sector's intermediaries are drumming up support for a ‘zero-rate’ tax ...
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Pexels The Goods and Services Tax (GST ...
The Times of India' brings you 'Hack of the Day' — a new weekday-series of quick, practical solutions to everyday hassles.
The government’s GST Intelligence body found that fake invoices were used by two Instakart vendors who are engaged in manpower supply Instakart has claimed that transactions with the vendors were ...
Visakhapatnam: Officers of the Directorate General of GST Intelligence (DGGI), Visakhapatnam zonal unit, have unearthed a ...
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