Your Story4d
Industry status, green tourism, and input tax credit: Hospitality sector’s wish-list for Budget 2025
Prior to Union Budget 2025, stakeholders from the travel and hospitality sector put forth their demands and expectations from ...
2 days delay in input tax credit: Buyers will have to wait longer for GSTR-2B statement; use recompute option in this case
The GSTR-2B (input tax credit) statement will now be generate 2 days late on January 16, 2025 for the December 2024 tax period. The GSTN said, "GSTR-2B will now be generated on 16th January 2025 in ...
indiafilings.com2mon
Input Tax Credit in Pune
Using the Input tax credit mechanism in Pune can help the business achieve neutrality in the incidence of tax. By ensuring that the input tax element is not entering the production cost or the cost of ...
indiafilings.com13d
New input tax credit availment condition imposed vide Finance Act, 2022
Vide clause 100 of the Finance Act, 2022, the sixth condition for availment of the input tax credit was inserted ... provisions of section 38 of the Central Goods and Services Tax Act, 2017 are also ...
Tax Guru6d
ISD Evolution and Implications for GST Taxpayers
Input Service Distribution or ISD in not a new concept in India, its familiarity dates back to the Service Tax Era. The Service Tax law upheld the principle that credits relating to any input service ...
Business Insider India3y
OPINION: GST Input Tax Credit changes from January 1 – Things to ask your vendor, how to protect your ITC and more
The new year 2022 is going to bring a significant change in the manner of availing Input Tax Credit (ITC) by the taxpayers under the Goods and Services Tax Act. The additional condition to avail ...
The Telegraph28d
GST Council curb on input tax credit for construction costs firmly in place
The Hon’ble Supreme Court of India in its decision on 3rd October 2024, in the case of Chief Commissioner of Central Goods and Service Tax v. Safari Retreats Private Ltd has held that Input Tax Credit ...