Corporate and Professional Updates on 24th April 2019
Indirect Tax Updates: Manner of utilization of input tax credit under GST law is in highlights since past few months, before GST. Act, 2018(w.e.f. 1st Feb, 2019) the entire provisions pertaining to manner of utilization were contained in Section 49(5) of CGST Act, 2017. In the said GST (Amendment) Act, 2018 a new Section 49A …