Explore the legal dimensions of reversing Input Tax Credit (ITC) for retention money in GST. Understand the rules, legal arguments, and relevant cases in this analysis.
Understand the proposed amendments in GST at a glance with the Finance Bill, 2023. Compare the existing clauses, proposed amendments, & nature of the amendment.
Treatment for time barred Credit Note which cannot be adjusted on account of no GST liability during the relevant period Unresolved Technical fault of the GST portal The GST portal of the Government is still in the process of development and every now & then, the taxpayers are facing one or more technical glitches but, […]
Analysis of Circular No.150/06/2021-GST, dated 17th June, 2021 related to GST on annuities paid for construction of road It is to be stated that the above circular is issued on account of certain representations for a clarification regarding applicability of GST on the activity of construction of road where considerations are received in deferred payment […]