November 30, 2024, is the last date to claim any pending input tax credit (ITC) or amend any errors or omissions in compliance with the Goods and Services Tax (GST) rules and regulations for FY ...
GST tax claim: The deadline for claiming any outstanding input tax credit (ITC) or correcting errors or omissions per Goods and Services Tax (GST) regulations for the financial year 2023-24 is ...
Input Tax Credit under GST: The net GST payable is the overall GST minus GST paid on buying raw material. Before GST, credit of taxes being levied by the central government was not available as a ...
Hailed as a landmark reform, the Goods and Services (GST) Tax in India was introduced to bring all the indirect taxes under a common tax regime to foster a common market in the country. Before the ...
While headlines focus on GST rate cuts, two silent but sweeping changes are set to hit taxpayers this November—faster refunds for inverted duty structures and a radically simpler registration process.