It has been a common norm for free supply of goods and services before their official introduction into the market. This includes the free sample... Read More
input tax credit
Do I pay Input Tax Credit in Goods and service tax? How do I and when can I claim it back?
3 min read
What is Input credit tax (ITC)? Recently the Government of India has combined all the taxes and made it into single Goods & service tax... Read More
The Goods and Services Tax or GST has been launched on the 1st of July, this year and it is set to change the process... Read More
In an attempt to make possible a full-fledged and flawless credit throughout the complete supply chain under a common tax base, the Goods and Services... Read More
This is in continuation to our Demands and recovery under Model GST Act quick walk through; here we would share a quick guide for the Recovery... Read More
Demand and Recovery under GST Act (Model Version) are basically laid down for the department, for providing them a framework in order to raise a demand on non-payment of... Read More
Here we talk about one of the many aspects i.e. Input Tax Credit (ITC) as a part of the Model GST Law that has been... Read More
Understanding Input Tax “Input tax” means the {CGST and IGST}/{ SGST and IGST} paid on any goods or services which are used or will be... Read More
The much-awaited Goods and Services Tax has recently becomes a law with President Pranab Mukherjee signing it after ratification by 16 states. With the placement... Read More
