Gauhati High Court held that petitioner is entitled to claim input tax credit subject to conditions prescribed to newly inserted section 16 (5) and section 16 (6) of the CGST Act, 2017 which are ...
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 ...
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 ...
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 ...
The goods and services tax network (GSTN) has introduced a solution to help GST registered taxpayers into claiming the ...
Panaji: The GST Council’s retrospective amendment allowing taxpayers to claim input tax credit (ITC) on invoices of previous financial years has resol.
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 ...
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 ...
The Goods and Services Tax Network (GSTN) has introduced a change to the e-invoicing process for businesses. Starting April 1 ...