This article examines advanced and practical challenges with the GST Input Service Distributor (ISD) mechanism, covering issues from expense identification to ITC eligibility and procedural ...
Section 16(2)(c) of the CGST Act makes Input Tax Credit (ITC) conditional on the supplier actually paying the tax to the government. Judicial precedents from High Courts emphasize that a buyer’s bona ...
The CBIC is planning to introduce a monetary limit for issuing GST demand notices to reduce unnecessary disputes and avoid ...
The ministry is expected to take up Nasscom's demand to scrap the Reserve Bank of India’s proposed new Export Declaration ...
The 56th meeting of the GST Council, held in New Delhi, under the chairpersonship of the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman marked a significant milestone in India’s ...
New GST rates 2025 full list: The Finance Minister announced significant GST rate cuts and slab changes, effective September 22, 2025, leading to cheaper daily-use items. Many food items will attract ...
The 247Sports Transfer Portal includes players who have either announced their intent to enter or have officially entered the NCAA Transfer Portal. Under the college transfer policy, when a ...