An ISD shall distribute the ITC of RCM in the same manner of normal ITC on basis of turnover. The distributed ITC will be ...

The Indian government has introduced significant changes to the Goods and Services Tax (GST) regulations. Starting from April 1, 2025, a new Input Service Distributor (ISD) system will be implemented.

GST: The government has made the ISD mechanism mandatory, effective April 1, 2025. This means that the distribution of common ...

Another key issue raised before the court was the procedural validity of a single show-cause notice (SCN) covering multiple years and different GST registrations. "Clarity is required on whether ...

Navigating ITC Double Claiming Risks Post-GSTR-2B Introduction: A Guide for GST Compliance ...

Public Sector General Insurance Companies (PSGICs) have achieved financial turnaround in the December quarter, posting a combined profit of Rs 1,066 crore on the back of various reforms by the finance ...

It's comfortable, versatile, and easy to clean. The only catch is that since it's a one-piece loop, there are 10 different sizes to choose from, so be sure to measure your wrist before ordering to ...

Pakistan must develop a bold and proactive political consensus if it is to sustain and deliver the transformative changes demanded by the climate crisis. Updated 08 Feb, 2025 03:55pm ...

The advantage of this method is that GST reporting is better aligned with cash flow, which can be helpful for small businesses. If you apply the accruals basis, you must account for sales and ...

Elon Musk is a real quantitative guy, it would seem. He wants lots of the things he wants: companies, money, children with his genetic signature. And, in most people’s opinion, 14 publicly known ...

Hello. If anyone could help me find the resolution for that query. Ive taken the client, for which is very important having all the sale and purchase invoices entered into bookkeeping software. Ive ...