You Searched For "input tax credit under GST" and got 20 results
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1 min read
ED conducts raids in Gujarat in GST fraud case
The Enforcement Directorate conducted multi-city searches in Gujarat related to a money laundering …
PTI
1 min read
Hero MotoCorp gets over Rs 17 crore tax notice from Delhi GST authorities
The company has received an order for disallowance of input tax credit for FY 2019-20 from the Of…
PTI
1 min read
IDBI Bank gets ₹2.97 crore GST demand order
The order includes a tax demand of Rs 1.42 crore as well as interest and penalty of Rs 1.41 cro…
PTI
2 mins read
GST Council mulling 18% GST on low value transactions made via RazorPay, PayPal and more. Here's how it will impact you
At present, they are exempt on paying GST on transaction of value less than Rs 2,000. But, if the p…
2 mins read
GST rejig: Cheaper water, bikes; pricier shoes, watches
The Group of Ministers (GoM) on GST rate rationalisation on Saturday decided to lower tax rates on …
2 mins read
54th GST Council meeting to take place on September 9 in New Delhi
The 54th GST Council meeting took place on September 9, 2024, in New Delhi to address rate rational…
ANI
4 mins read
GST Council tweaks tax rates; Waives interest, penalty on tax dues for first 3 years of rollout
The GST Council on Saturday decided to tweak tax rates on items, including accommodation services f…
PTI
2 mins read
Seven years of GST has lowered taxes and improved lives of 140 crore Indians: PM
The PM also highlighted that after the implementation of GST, the savings of the poor and the commo…
ANI
1 min read
Bata India gets ₹60 crore sales tax notice
The company said it initially received an audit notice on April 27, 2023, and submitted relev…
PTI
1 min read
Indian consumers shifting towards low-sugar beverages, high GST rates stalling growth in carbonated soft drinks market
India's carbonated soft drinks segment faces challenges due to a 40% tax rate under GST, hindering …
2 mins read
54 Crore GST Refund Scam exposed by Delhi's Anti-Corruption Branch
The Anti-Corruption Branch (ACB) of Delhi has uncovered a scam involving fraudulent GST refunds wit…
ANI
1 min read
GST Council likely to levy 18% tax rate on corporate guarantees for loans
The GST Council is likely to introduce an 18 per cent tax rate on corporate guarantees extended by …
4 mins read
OPINION: GST Input Tax Credit changes from January 1 – Things to ask your vendor, how to protect your ITC and more
With the upcoming change, ITC on an invoice/debit note can be availed by a recipient only when d…
3 mins read
Can you claim input tax credit on CSR expense — three authorities have two different rulings
There are two other rulings from the same authority and one of those allows the input tax cred…
4 mins read
Here’s how to avail GST credit if your supplier has not uploaded invoices
This results in either the working capital getting blocked or the entire ITC amount being lost. …
4 mins read
Demand for private credit booms in 2023 as funding winter deepens
A report by Praxis Global Alliance and IVCA reveals that 2023 is on track to be the most successful…
3 mins read
The Indian government is risking a tighter noose on 'tax evaders' as GST collections remain short of target
The Indian government is planning to prohibit companies from generating e-way bills for the tra…
5 mins read
GST had its hits and misses but made ₹1.3 lakh crore monthly tax, the new normal
Under GST, a four-rate structure that exempts or imposes a low rate of tax of 5 per cent on essenti…
PTI
2 mins read
Both GST and Excise duty can be imposed on tobacco: Karnataka HC
"The levy of excise duty on tobacco and tobacco products is a matter of public policy and this…
PTI
2 mins read
As curd, paneer and wheat flour turn 5% costlier, retailers worried about 'old stock'
With curd, paneer, unbranded pre-packaged food items like wheat flour and others coming under the G…