Tax Guru22h
GST Not Payable on Goods Lost in Transit, But ITC Reversal Required: AAR Gujarat
The AAR examined Inox Air’s submissions, including procedural details of gas dispatch, delivery, and invoicing, as well as ...
Tax Guru22h
ITC Allowed on Canteen Facility for Direct Employees, Limited to Employer’s Cost: AAR Gujarat
M/s. Amneal Pharmaceuticals Private Limited, 9t h Floor, Iscon Elegance, Beside Shapath- V, S.G. Highway, Ahmedabad-380015 ...
Newspoint on MSN11d
GST Rules: GST theft will cost you heavily, rules are changing from April 1..
The Government of India has made a lot of changes in the rules of Goods and Services Tax. Under this, the Input Service ...
Business Line21d
GST-ITC fraud cases surged 41%, amount detected jumped 28% in Apr-Jan over full FY24
Data sourced from GST Intelligence Wing ... for full fiscal last year. ITC fraud is mainly done through fake invoice. Under such mechanism, there is no real supply of goods or services but ...
Supreme Court upholds buyers can correct clerical errors in GST filings without penalty, claim ITC
In a significant ruling that promises ease of compliance to taxpayers under the goods and services tax, the Supreme Court has held that companies can correct human or arithmetical errors in tax ...