to correctly avail ITC or pay correct tax liability based on the factual position as per the documents/records available with him." Who needs to file GST annual return by December 31, 2024.
ITC Refund Challenges for Exporters Who Cancel Their GST Registration A Case Study on GST Procedural Hurdles and System Limitations Sri Shanmuga Hardwares ...
Availability of ITC on construction costs has been restricted retroactively from July 1, 2017, impacting commercial real ...
The Supreme Court ruling allowing ITC on leased properties faces uncertainty with a retrospective amendment proposed in the ...
Input Tax Credit is Not Restricted if the Construction of Premises Satisfies the Functional Utility Test and is Germane to Business In the case of Chief Commissioner of Central Goods and Services Tax ...
Sohrab Bararia, Partner, Grant Thornton Bharat, highlights similar issues, pointing out the difficulty MSMEs face with ITC reconciliation ... the GST framework, like oil and gas, cannot avail ...