Can Accumulated ITC Refund be Allowed on Invoices, Not in GSTR-2A?

The Goods and Services Tax (GST) is marching towards completing its third…

Budget 2020: Punitive Measures in GST Law to Weed Out Fake ITC

The Union Budget 2020 has tabled some significant measures to keep a…
GST

CBIC’s Measures to Crack GST Fraud; No Limits to Link Bank Accounts

For some time now, the GST revenue collections being below-the-target has worried…
GST

GST to undergo a slew of legislative changes in Union Budget 2020

Goods and Services Tax (GST) has completed thirty months and continues to…

It’s just not filing GSTR-9/9C, there are more

Now that the deadline for filing the 2017-18 annual return has reached…
GST Revenue

Decoding New CGST: Claim 20% Provisional Credit in Form GSTR-3B

CBIC had released a notification in the month of October 2019 adding…
Dearness allowance

Government Releases Circular Clarifying Rules of Provisional ITC

The CBIC released a notification on the 9th of October, 2019 stating…

Taxpayers Face Uncertainty Around the New GST ITC Rule

Earlier this month, a new rule concerning Input Tax Credit (ITC) claims…
GST Revenue

Government panel to track GST defaulters, uses fraud detection software

The government panel recently discussed on how to intensify enforcement activities against…

ITC claim will be restricted if supplier does not file GSTR-1

In the 37th GST Council meeting, decisions have been taken regarding changes…