Tax Guru4d
Input tax credit eligible under section 16(5) and 16(6) of CGST Act: Gauhati HC
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 ...
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 ...
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 ...
‘Amendment in input tax credit helped taxpayers’
Panaji: The GST Council’s retrospective amendment allowing taxpayers to claim input tax credit (ITC) on invoices of previous financial years has resol.
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 ...
cnbctv187d
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 ...