Tag: input
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GST@ 8: Input tax credit — industry concerns, blocked credit issues and the road ahead
While digitisation and especially IMS will energise the ITC framework, interpretational issues continue to mar the taxpayers' experiences, write Dhruva Advisors' Dinesh Kanabar and...
Legal Digest: Input credit under GST shouldn’t be fabricated, but criminal charges may be waived
In the false input credit case, Patanjali Ayurved will have to cough up ₹273 crore by way of penalty. However, it looks like this is...
Explained I SC allows use of input tax credit for mandatory pre-deposit under GST
In a landmark ruling with wide-reaching implications for businesses across India, the Supreme Court on Monday, May 19, upheld the Gujarat High Court’s decision...
Industry seeks major reforms on input tax credit rules to boost cash flows, operational efficiencies: Sources
In yet another plea to improve the intricacies under the Goods and Services Tax (GST) regime, financial experts and industry leaders have approached the...
