A new Budget amendment necessitates suppliers to ensure buyers reverse input tax credits (ITC) before claiming adjustments ...
The government’s Viksit Bharat vision is reflected in the Union Budget with a persistent focus on ‘Make in India’, export ...
Against the backdrop of a Supreme Court ruling related to input tax credit, the government has mooted substituting the word ...
Tax season officially started Monday, and while there are still months to go before the April 15 filing deadline, experts say ...
While the core purpose of the IMS is to help taxpayers accurately claim input tax credits by allowing them to accept, reject or keep pending the invoices received from their suppliers, their inability ...
Some of the expenses you paid to earn your employment income may have included Quebec sales tax (QST). If you deducted these expenses from your employment income, you may be able to receive a rebate ...
The Prince Edward Island sales tax credit is fully funded by the province of Prince Edward Island. This amount is combined with the quarterly payments of the federal GST/HST credit.
Also, 5-star hotels with room tariff of ₹7500 or more can levy 5 per cent GST in restaurants located insider their premise, but only without claiming Input Tax Credit (ITC) While, the new ...
BHUBANESWAR: In a major breakthrough, the Directorate General of GST Intelligence (DGGI), Bhubaneswar zone, on Thursday arrested two persons including a trader for committing fraud in GST ...
This is done on specific imports and other notified supplies. If you are planning to start a new business and open multiple branches, then separate GST registrations have to be obtained from each ...
Thailand aims to introduce a new carbon credits market this year as Southeast Asia’s second-largest economy seeks to address weak demand and low prices. The Stock Exchange of Thailand would ...