The Goods and Services Tax Network has updated its Invoice Management System. Taxpayers can now mark credit notes as pending ...
A recent GST circular clarifies trade discounts and credit notes, easing manufacturers' tax burden but creating cash-flow pressure for FMCG distributors due to accumulated input tax credit.
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GST taxpayers can't claim pending input tax credit if GSTR 3B is not filed by this date for FY 2023-24
If you are a goods and services tax (GST) registered taxpayer and want to claim any pending input tax credit (ITC) for FY 2023-24 or amend any errors or omissions under GST then note the last date to ...
Insurers face higher operating costs, and distributors face lower earnings, highlighting the unintended consequences of a ...
BANGALORE/MUMBAI: The recent cut in goods and services tax (GST) rates on several consumer items is expected to block the working capital for stockists, distributors and retailers holding inventory ...
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