Tag: input tax credit

itc
Posted in GST

GST: Amendment in GST return format: Why changes regarding ITC will increase complexity for taxpayers

The implementation of the GST law in India has been prefaced with the narrative of national ambition and that of a global exception. The government…

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Posted in GST

gst council: From canteen to medical insurance, GST Council provides much-awaited relief on employee perks

In the last meeting, the GST Council promised to issue clarifications relating to various Input Tax Credit (ITC) issues under GST. Keeping its promise, the…

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