Countries implementing value-added tax with credit mechanisms are grappling with the global menace of input tax credit frauds. In an attempt to curb this menace, the GST law introduced various ...

The Goods and services tax (GST) authorities have blocked input tax credits (ITC) claimed by thousands of businesses to the extent these claims are not corroborated by invoices uploaded by their ...

Finance Ministry on Wednesday clarified by businesses can claim GST refunds by simply submitting a printout of 'GSTR-2A' form to tax authorities instead of giving all purchase invoices of a month.

Ever since the government decided to put the new GST return system on hold, there have been several welcome changes made to the current GST return filing flow. With the new GSTR-2B form introduced, ...

LuLu Bengaluru Announces Its Biggest Sale of the Year: End of Season Sale Returns with Flat 50% Off, on July 9,10,11,12 - 2026 ...

Input Tax Credit is one of the dearests of all the GST domains. ITC is important to keep the cash-flow in proper order and to make the capital available for the business processes. Though ITC is a ...