The Input Tax Credit (ITC) allows you to claim credit for the GST paid on business-related purchases. Whether it is raw ...

The Goods and Services Tax (GST) was implemented in July 2017 and multi-state GST registrations have been facing confusion regarding the process for distributing common input tax credits (ITC) availed ...

Starting April 1, 2025, the government has made it mandatory for businesses to distribute Input Tax Credit (ITC) through the ...

GST: The government has made the ISD mechanism mandatory, effective April 1, 2025. This means that the distribution of common ...

Always puzzled and novice when comes to the GST ITC (Input Tax Credit) on goods or service or both used for construction of immovable properties when such properties are used in in the course or ...

Highlights:,Allowed companies to reduce tax liability by a percentage of new capital investments.,Encouraged business expansion, technological upgrades, and economic growth.,Abolished in 1986, but its ...

The government is introducing the Input Service Distributor (ISD) system from April 1, 2025, to improve tax collection on ...

In 2024, nearly $25 billion was directed toward the clean energy projects in the United States via tax credit transfer transactions, according to Reunion, a credit transfer platform.

The energy storage industry has continued to progress over the course of 2024 and into 2025, buoyed in significant part by the federal income ...

Despite the Trump administration’s focus on fossil fuels and opposition to the IRA, analysts anticipate the renewables market ...

Increase in ITC fraud cases and amount detected in current fiscal, with measures taken to prevent tax evasion.

The Karnataka High Court while laying down vital guidelines on Input Tax Credit stated that if the Assessee during the course ...