"Nipun Arora is a Chartered Accountant in practice having more than 9 years of experience in Indirect Taxation advisory, litigation and GST implementation process. He has advised various domestic and multinational clients on crucial aspects of Indirect taxes and has assisted in strategic execution of complex transactions. Additionally, he has also assisted clients in representing their cases before various tax forums."
Input tax credit (ITC) claims under GST are proving challenging for taxpayers. Stringent conditions, supplier issues, and court rulings create uncertainty. Proper documentation is crucial for businesses to avoid penalties and ITC rejection.
In GST, the importance of reconciliation has increased multi-fold due to the compliance process that law brings in along with its legal provisions. The compliance process in GST generally requires filing of multiple returns by the taxpayer.
