Tag: goods and services tax (GST)
Posted in Economy
Businesses get relief as CBIC eases ITC rules
September 13, 2025 Leave a Comment on Businesses get relief as CBIC eases ITC rules
Businesses receiving post-sale discounts in the form of financial or commercial credit notes without tax adjustments do not need to reverse input tax credit (ITC),…
Posted in Economy
GST may limit tariff blow to 30 bps of GDP: Chief economic adviser
September 10, 2025 Leave a Comment on GST may limit tariff blow to 30 bps of GDP: Chief economic adviser
New Delhi: Chief economic adviser V Anantha Nageswaran on Wednesday said the goods and services tax (GST) breather announced this month will soften the US…