The Input Tax Credit (ITC) allows you to claim credit for the GST paid on business-related purchases. Whether it is raw ...
Recovery of credit taken based on documents issued by the ‘input service distributor (ISD)’ by subjecting it to scrutiny for ...
The Input Service Distribution (ISD) mechanism will enable businesses with branches in multiple states to consolidate ...
The government has made the ISD mechanism mandatory, effective April 1, 2025. This means that the distribution of common ...
Rule 86B was introduced under the GST regime to curb fake invoicing practices. It mandates that: “Notwithstanding anything contained in these rules, the registered person shall not use the amount ...
The Goods and Services Tax (GST) was implemented in July 2017 and multi-state GST registrations have been facing confusion regarding the process for distributing common input tax credits (ITC) availed ...
The government is introducing the Input Service Distributor (ISD) system from April 1, 2025, to improve tax collection on ...
2don MSNOpinion
Now accountants will start: oh there is input tax credit. Buddy, someone pays that 18% GST eventually (your end customer; ...
Increase in ITC fraud cases and amount detected in current fiscal, with measures taken to prevent tax evasion.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback