Tag: input tax credit
Posted in GST
GST: Amendment in GST return format: Why changes regarding ITC will increase complexity for taxpayers
November 7, 2022 Leave a Comment on 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…
Posted in GST
gst council: From canteen to medical insurance, GST Council provides much-awaited relief on employee perks
July 25, 2022 Leave a Comment on 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…