Tax Guru7h
Madras HC Sets Aside GST Assessment, Cites Retrospective Section 16 Amendment
In Aamutham Enterprises Vs Superintendent of Central GST and Central Excise, the Madras High Court dealt with the validity of a GST assessment order dated August 24, 2024, concerning the financial ...
Tax Guru19h
All about Input Service Distributor and Manner of Distribution of credit
Input Service Distributor (ISD) [w.e.f. 01/04/2025] The concept of ISD started as a facility made available to businesses having a large share of common expenditure and billing / ...
Republic Business on MSN21h
New GST Rule April 1 Onwards: Input Tax Credit - Right Or Obligation? Expert Decodes
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 ...
New GST rule from April 1, 2025: ISD mandatory for input tax credit; not following will lead to ITC denial, minimum penalty of Rs 10,000
GST: The government has made the ISD mechanism mandatory, effective April 1, 2025. This means that the distribution of common ...
Western Australia’s political ransom over GST rort must end
Australia’s continuing failure to divide federal funds equitably looks even more ridiculous in light of WA running budget ...