No input tax credit if e-invoice not uploaded in GST portal within 30 days: New rule soon
Buyers will not be able to claim input tax credit if the seller did not upload the e-invoice on the IRP portal within 30 days ...
ET Auto7mon
INPUT TAX CREDIT
The CBIC has clarified that automobile dealers can claim input tax credit (ITC) under GST for demo cars used to promote sales. However, ITC is not available if these vehicles are used for personal ...
Tax Guru9d
What if credit (ITC) is availed/claimed under wrong head?
Summary: Since the introduction of GST in India in July 2017, many taxpayers have faced challenges, including errors in claiming Input Tax Credit (ITC). One common issue is the incorrect availment of ...
New GSTN feature to correct mistakes in GST invoice matching process for claiming input tax credit; Know how it works
The goods and services tax network (GSTN) has introduced a solution to help GST registered taxpayers into claiming the ...
Business Insider India2y
OPINION: GST Input Tax Credit changes from January 1 – Things to ask your vendor, how to protect your ITC and more
The new year 2022 is going to bring a significant change in the manner of availing Input Tax Credit (ITC) by the taxpayers under the Goods and Services Tax Act. The additional condition to avail ...
JD Supra9d
GST/HST Input Tax Credits for Dentists: Canada Revenue Agency Revokes Administrative Arrangement
New GST/HST Notice 339, published on October 25, 2024, provides that as of the first day of the fiscal year that begins on or after January 1, 2025, dentists will no longer be able to claim GST/HST ...
cnbctv186d
GST new rule from April 2025: No input tax credit if e-invoice not uploaded within 30 days
The Goods and Services Tax Network (GSTN) has introduced a change to the e-invoicing process for businesses. Starting April 1 ...