Tag: itc
GSTN defers by 3 months implementation of e-invoice reporting time limit
GSTN has deferred by 3 months the implementation of time limit for businesses with turnover of over Rs 100 crore to upload their old e-invoices….
gst: FM Sitharaman asks CBIC to introduce automated GST return scrutiny by next week
Finance Minister Nirmala Sitharaman on Saturday directed Central Board of Indirect Taxes & Customs to introduce its automated GST return scrutiny by next week and…
DGGI digs deep into Insurance companies’ claims of input tax credit
The Directorate General of GST Intelligence (DGGI) has widened its probe against the insurance companies for wrongful claim of input tax credit. It has served…
Rs 2,250 crore tax evasion concern: DGGI sends show cause notices to HDFC Bank, Go Digit, Policybazaar
The Directorate General of GST Intelligence (DGGI) has widened its probe against the insurance companies for wrongful claim of input tax credit. It has served…
GST Network: GSTN mandates businesses with over Rs 100 crore turnover to upload e-invoice on IRP within 7 days
Businesses with turnover of Rs 100 crore and above will have to upload their electronic invoices on IRP within 7 days of the issue of…
Watch out India, now Bharat has started to rise
Two decades ago, everyone was moving out to India’s metropolitan cities, turning the likes of Delhi and Mumbai into career destinations. A decade ago, Bengaluru…
india: India, France discuss progress on India-EU trade pact
Trade ministers of India and France have held discussions related to the ongoing talks for a free trade agreement between India and the European Union,…
good glamm akshay kumar: Good Glamm group, actor Akshay Kumar enter into JV for selling men’s care products
Direct-to-consumer beauty and personal care startup Good Glamm group has set up a joint venture with Bollywood actor Akshay Kumar to sell personal care and…
GST on transportation services – navigating through turbulent waters
GST on services by way of transportation of goods by aircraft / vessel is certainly on a roller-coaster ride these days. The story began in…
GST ITC restriction on CSR spend: Why businesses are worried about potential challenges
Seamless flow of Input Tax Credit (ITC) is the cornerstone of a robust Value-Added Tax (VAT) architecture. Simply put, say Company A – whether a…