Learn how ITC works, who can claim it, and the compliance requirements under GST. Key takeaway: ITC can save costs but is not an automatic ...
Starting November 1, businesses will benefit from a streamlined registration process. India is shifting to two primary GST ...
New Delhi, Sep 5 (IANS) In what comes as a relief to e-commerce exporters, the GST Council has approved DGFT’s proposal to eliminate the value threshold for GST refunds on low-value consignments. The ...
The Delhi High Court has called upon the Goods and Services Tax Department to expeditiously process the refund applications ...
Of this, the gross domestic GST collection stood at ₹1.45 lakh crore in October, up 2%. Tax from imports stood at ₹50,884 crore, up 12.84%. GST refunds also surged to ₹26,934 crore, recording by 39.6% ...
They suggested that the Interest Equalisation Scheme (IES) be reintroduced. This, they said, would reduce the cost of credit ...
Andhra Pradesh High Court rules GST's two-year limitation under Section 54 does not apply to refunds for tax mistakenly paid on exempt services, citing Article ...
Refunds surged 39.6 per cent in October, continuing the government’s push to streamline processing and ease working capital pressures for exporters and domestic firms. Domestic refunds rose 26.5 per ...
The Karnataka High Court holds that payments made by assessee through Form GST DRC-03 at the time of search or pursuant to an ...