Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. The introduction of GST brought about ...
The GST Council has eased compliance for businesses, particularly FMCG companies, by removing the requirement to link credit notes to specific invoices. This change addresses a long-standing pain ...
Input Tax Credit under GST: The net GST payable is the overall GST minus GST paid on buying raw material. Before GST, credit of taxes being levied by the central government was not available as a ...
https://www.thehindubusinessline.com/news/national/input-tax-credit-for-gst-assesses-only-up-to-invoices-matched-from-january-1/article38019855.ece Copy Finance ...
Hailed as a landmark reform, the Goods and Services (GST) Tax in India was introduced to bring all the indirect taxes under a common tax regime to foster a common market in the country. Before the ...
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 ...
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