The loss of input tax credit after GST on life and health insurance was cut to nil is expected to pressure life insurers' ...
The recent GST reset of slabs and rates was welcome, but not enough. Removing anomalies in GST’s input tax credit system ...
The government’s recent circular has brought clarity on trade discounts and credit notes under the GST regime, but has shifted compliance obligation and cash-flow pressure onto FMCG distributors, ...
Insurance analysts reason that individual life and health insurance premiums are exempt from paying GST, so insurers cannot ...
WeWork India Management Limited ( ($IN:WEWORK) ) has shared an update. WeWork India Management Limited has disclosed that it received an order ...
The investigation revealed that the company is actively engaged in availing fraudulent Input Tax Credit solely on the basis of invoices without any underlying supply of goods or services. Central GST ...
A recent GST circular clarifies trade discounts and credit notes, easing manufacturers' tax burden but creating cash-flow pressure for FMCG distributors due to accumulated input tax credit.
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