In a major relief to goods and services tax (GST) payers, the government is likely to amend Central GST (CGST) Rules, ...

It will prevent scenarios where the supplier claims a reduction in its GST liability, owing to the credit note, but the buyer continues to avail of the corresponding ITC. This results in a double ...

Input Service Distributor has to compulsorily register as “ISD” apart from its registration under GST as a normal taxpayer.

As FY 2024-25 ends, businesses must complete critical GST compliance tasks. Key activities include submitting the Letter of ...

Presenting the Union Budget 2025, Sitharaman proposed several amendments in GST laws including ... corresponding input tax credit required in respect of a credit-note, if availed, for the purpose ...

Students are strongly encouraged to apply within their first month of study. GST/HST credit payments are issued in January, April, July, and October. Note: In order to keep receiving GST/HST payments, ...