New GST rules on anvil; business may have to explain discrepancy in Input Tax Credit claims
9 July 2023 11:29 AM ISTNew Delhi: The GST Council is likely to decide on a new rule in GST law under which businesses would be required to explain the reasons for excess...
Govt Tweaks GST Rules For Claiming Input Tax Credit
27 Dec 2022 8:45 PM ISTNew Delhi: GST taxpayers will be required to reverse by November 30 the input tax credit (ITC) claimed in the last fiscal in case their...
