Explains the legal situations where suppliers can correct excess GST through credit notes. Highlights that reduction in tax liability is conditional on timelines, ITC reversal, and absence of unjust ...
Central and state tax officials have suggested the option of online GST registration with live photo and use of biometrics to weed out the menace of fake firms claiming input tax credit, sources said.
Allahabad High Court held that toll plaza receipts not mandatory for justifying actual physical movement of goods since e-way bill and tax invoice duly produced. Accordingly, order not justified in ...
The Goods and Services Tax (GST) in India is an indirect tax that has replaced many previous indirect taxes such as excise duty, VAT, and service tax. GST is levied on the supply of goods and services ...
GST 2.0 has, by and large, settled in. RBI pegs GDP growth at roughly 6.8%, and international agencies continue to endorse India's resilient growth prospects. Revenue collections remain buoyant ...
ISLAMABAD: The Federal Board of Revenue (FBR) has extended the deadline for all public companies and importers for sales tax registration up to August 10, 2025 for integration with the board’s system ...