Republic Business on MSN16h
New GST Rule April 1 Onwards: Input Tax Credit - Right Or Obligation? Expert Decodes
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 ...
New GST rule from April 1, 2025: ISD mandatory for input tax credit; not following will lead to ITR denial, minimum penalty of Rs 10,000
The government has made the ISD mechanism mandatory, effective April 1, 2025. This means that the distribution of common ...
Tax Guru3d
Allahabad HC Upholds GST Penalty for Goods Without Valid Challan
GST Penalty proceedings are valid, in case of movement of Goods for job work, without valid challan-Allahabad High Court.