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 Input Tax Credit (ITC) allows you to claim credit for the GST paid on business-related purchases. Whether it is raw ...

To be eligible for the Composition Scheme under GST, a business must meet certain conditions. First one is no Inter-State Sales which means the business can only sell goods or services within the same ...

The 13-member GoM in its report submitted to the GST Council in December had recommended a GST exemption for premiums paid on ...

The Government of India has made a lot of changes in the rules of Goods and Services Tax. Under this, the Input Service ...

The Input Service Distribution (ISD) mechanism will enable businesses with branches in multiple states to consolidate ...

Kerala High Court, in the case of Kuttukaran Antony Anto vs State Tax Officer, examined whether the petitioner, a taxpayer under the CGST/SGST Acts, 2017, could claim Input Tax Credit (ITC) on capital ...

The government is introducing the Input Service Distributor (ISD) system from April 1, 2025, to improve tax collection on ...

Increase in ITC fraud cases and amount detected in current fiscal, with measures taken to prevent tax evasion.

Now accountants will start: oh there is input tax credit. Buddy, someone pays that 18% GST eventually (your end customer; ...

The Visakhapatnam zonal unit investigating a major GST evasion case arrested Maddi Prasad, a key individual involved in the ...

The GST Council may finalise relief on life and health insurance at its next meeting, with states showing consensus on the ...