You Searched For "Input Tax Credit"
Budget expectations: AlcoBev industry seeks reduced excise duty
Taxability of alcoholic beverages is a state subject but the Union budget decides the GST structure
ITC claimable on gold coins, white goods
New Delhi Businesses can claim input tax credit (ITC) on items, like gold coins and white goods, procured for distribution to dealers upon...
Govt for decriminalising select offences under GST
Currently, the law provides for launching prosecution against offenders in cases where the amount of evasion or misuse of Input Tax Credit is more...
18% GST on rent likely to dampen rental housing biz
The recent introduction of 18 per cent GST on residential rentals across India is likely to be a major dampener for the business of rental housing in...
Fake GST Input Tax Credit (ITC) racket busted, one held
The Mumbai Central CGST Commissionerate has busted a fake GST Input Tax Credit (ITC) racket involving bogus bills of Rs 234 crore and fake ITC of Rs...
GSTN blocks Rs. 14,000-cr ITC of 66,000 taxpayers
GST Network on Tuesday said it has blocked Rs 14,000 crore worth of input tax credit (ITC) of 66,000 businesses registered under GST.
4 years of GST: Hits, misses & expectations for realty industry
Govt needs to incentivize projects that are being constructed since the money paid by the buyer for an under-construction property provides the...
Fraudulent availment of ITC by fraudsters on rise
Cases pertaining to fraudulent availment of input tax credit (ITC) by big-time fraudsters by using PAN, AADHAR and Bank Account of economically under...
