The U.S. Department of the Treasury (Treasury) and Internal Revenue Service (IRS) have released final regulations for two new tax credits under ...

ITC Refund Challenges for Exporters Who Cancel Their GST Registration A Case Study on GST Procedural Hurdles and System Limitations Sri Shanmuga Hardwares ...

Availability of ITC on construction costs has been restricted retroactively from July 1, 2017, impacting commercial real ...

Our prior coverage of the proposed regulations regarding these credits can be found here. As background, Code sections 45Y (the “Tech Neutral PTC”) and 48E (the “Tech Neutral ITC”) became ...

The Supreme Court ruling allowing ITC on leased properties faces uncertainty with a retrospective amendment proposed in the ...

The Directorate General of GST Intelligence (DGGI) has busted an allegedly bogus Input Tax Credit (ITC) claims fraud of Rs ...

A ministerial panel is considering a 5% GST with input tax credit on term insurance plans. The panel, headed by Bihar deputy ...

The facility is eligible for the Section 45V Production Tax Credit (PTC (NASDAQ:PTC)) for green hydrogen production and the ITC for its hydrogen storage and liquefaction assets. While the company ...

According to a Moneycontrol poll, ITC is likely to report revenue of Rs 18,366 crore for the quarter ended December.