Chartered Accountant Akhil Pachori says that buyers will not be able to claim input tax credit for pending invoices of FY 2023-24 if the supplier has not filed GSTR 1. Getty Images No input tax credit ...

Getty Images GSTN shares solution for claiming the correct amount of input tax credit (ITC) despite incorrect ITC details auto-populated in the system The Goods and Services Tax Network has introduced ...

krisanapong detraphiphat / Getty Images The earned income tax credit ... for the credit and provides an estimate of the credit amount. To use the calculator, you can input information about ...

Telecom service providers and tower infrastructure players said the Supreme Court judgement on Input Tax Credit for telecom towers will significantly improve the telecom industry's financial ...

Panaji: The GST Council’s retrospective amendment allowing taxpayers to claim input tax credit (ITC) on invoices of previous financial years has resolved an anomaly in the input tax credit ...

dentists will no longer be able to claim GST/HST input tax credits (“ITCs”) for expenses relating to the supply of orthodontic services on a “reasonable estimate” basis, as per the CRA’s ...

Louisiana lawmakers saved the state's tax credit as part of a sweeping set of tax reform bills that are headed the governor's ...

Tesla is making it clear that the tax credit is critical to Model Y and Model 3 pricing. The price with the incentive is now ...

Fake input tax credit (ITC) claims detection by central GST officers increased 51 per cent to Rs 36,374 crore in 2023-24, Parliament was informed on Monday. Minister of State for Finance Pankaj ...

Sale of land and, subject to clause (b) of paragraph 5 of Schedule II, sale of building Section 16(1): A registered person is entitled to take credit of the input tax charged on any supply of goods or ...

A group representing major automakers including General Motors , Toyota Motor Corp , and Volkswagen urged President-elect ...

A Louisiana Senate committee today approved the state’s tax credit for film and television production with a lower cap.