The law permits refund of input tax credit on exports due to their zero-rated nature. The discussion clarifies refund mechanisms and highlights conditions for eligibility. It underscores that errors ...
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GST officers detect Rs 15,851 crore fake ITC claims in April-June; 3,558 bogus firms busted, 53 held
NEW DELHI: GST officers have uncovered fake input tax credit (ITC) claims of Rs 15,851 crore in the April-June quarter of current fiscal, a 29 per cent jump over the year-ago period, even though the ...
When the financial year closes, many businesses make bulk purchases in March to optimise their GST outflow, but experts warn that this strategy can backfire. CA Nitin Kaushik explains that input tax ...
No Ruling on ITC on on purchase of commercial property against the leasing income from the said property After Applicant ...
CHANDLER, Arizona — Amkor Technology Inc. expressed disappointment Monday (Nov. 22) that it would not be able to get certain products from chip-packaging provider Carsem Sdn. Bhd. excluded from the ...
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