The High Court ruled that buyers are not legally required to reverse ITC merely due to seller-issued discount credit notes. Rectification of GST returns was allowed where tax paid exceeded proposed ...
Provisional refunds for inverted duty structures and removal of refund thresholds for exports improve working capital. The amendments strengthen liquidity and support small and mid-sized ...
NEW DELHI: The GST Council has provided a much-needed relief to businesses, especially FMCG players, as credit notes are no longer linked to the invoices, which complicates matters for companies and ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results