Input Tax Credit (ITC) has long been a complex terrain ... Invoice management system (IMS) under GST Recognising these persistent challenges, the Government has introduced the Invoice Management ...

The CBIC has clarified that automobile dealers can claim input tax credit (ITC) under GST for demo cars used to promote sales. However, ITC is not available if these vehicles are used for personal ...

The new year 2022 is going to bring a significant change in the manner of availing Input Tax Credit (ITC ... the recipients to claim any remedy under GST law in case any such loss is incurred ...

BENGALURU: Goods and Services Tax (GST) is crucial for revenue collection, compliance, and economic growth. The Finance Bill ...

The upcoming budget is seen as a golden opportunity to provide targeted relief, fostering housing demand and facilitating the ...

Finance Minister Nirmala Sitharaman on Saturday announced changes in the Goods and Services Tax (GST) laws under the Union Budget 2025-26 in a bid to ensure trade facilitation.

Industry leaders are pushing for tax benefits, a broader definition of affordable housing, and reduced GST rates in the ...