Businesses with a turnover of less than $75,000 are given the choice of registering for GST because if a business is spending ...
Recovery of credit taken based on documents issued by the ‘input service distributor (ISD)’ by subjecting it to scrutiny for eligibility thereof at recipient unit; Section 2 (61) of CGST defines ...
The Input Service Distribution (ISD) mechanism will enable businesses with branches in multiple states to consolidate invoices for common input services (domestically sourced or imported) at a central ...
Conclusion: Mere uploading of notices and orders on the GST portal might not be sufficient to fulfill the requirement of proper service, especially when it prevented assessee from being aware of the ...
GST: The government has made the ISD mechanism mandatory, effective April 1, 2025. This means that the distribution of common ...
Increase in ITC fraud cases and amount detected in current fiscal, with measures taken to prevent tax evasion.
The Allahabad High Court has held that proceedings under section 129 of the GST Act are summary proceedings where the burden ...
SRINAGAR: The Jammu and Kashmir State Taxes Department has detected a Goods and Services Tax (GST) evasion of Rs 6.31 lakh in ...
The Delhi High Court recently came to the rescue of a Company engaged in the sale of various pharmaceutical products and ...
LAHORE: The Chainstore Association of Pakistan (CAP), the representative body of organized retail in Pakistan, ...