No ITC reversal is required when unsecured loans remain loans (not considered supplies). Under GST laws, Input Tax Credit reversal… Read More
Latest Update on Input Tax Credit under GST by the CBIC It was urged by the Supreme Court, that the… Read More
When a supplier's GST Number is cancelled with retrospective effect, ITC cannot be rejected: HC By their impugned order dated… Read More
GST Changes on ITC will Impact Company Cash Flow With the implementation of recent revisions to the law, matching of ITC… Read More
Re-Availment of Input Tax Credit Reversed What does a credit mismatch represent in context of scrutiny notices? A number of… Read More
INPUT TAX CREDIT(ITC) ON GOODS AND SERVICES TAX BRIEF INTRODUCTION Input Tax Credit refers to the amount of tax, which… Read More
Quick Review of the latest updates of GST GST Updates: Four Important conditions to be fulfilled before you can Claim… Read More