Explains the legal situations where suppliers can correct excess GST through credit notes. Highlights that reduction in tax liability is conditional on timelines, ITC reversal, and absence of unjust ...

Before deciding if GST will even be part of tax changes, the States needs to decide what it will look like. Under the ...

The GST/HST credit is a quarterly benefit that deposits tax-free money directly into your account, designed to help offset the cost of living by putting cash directly into the pockets of Canadians. If ...

The Goods and Services Tax (GST) software is the front-end IT infrastructure for Indian businesses under the tax system to file their returns, upload invoices, create challans for making payments, and ...

Mastercard allows businesses to pay GST, Customs, and Excise duties digitally, providing up to 45 days of interest-free credit and improving working capital management and compliance. Working capital ...

The notable exception to this trend was credit and debit card spending, which is online sales driven. The card spending has ...

GST composition Scheme: This pricing is determined by the restaurant's location. For example, restaurants located within hotels where the room fee exceeds the specified amount would be subject to a ...

The Indian Micro-Fertilizers Manufacturers Association (IMMA) has requested several key changes from the central government ...

For export-oriented units, FACSI proposed the creation of an Export Risk Equalisation Fund to compensate small exporters ...