New GST rule from April 1, 2025: ISD mandatory for input tax credit; not following will lead to ITC denial, minimum penalty of Rs 10,000GST: The government has made the ISD mechanism mandatory, effective April 1, 2025. This means that the distribution of common input tax cre...
18 Mar, 2025, 12.50 PM IST
Cos with multi-state presence will have to register as ISD with GST authorities by April 1, 2025By April 1, 2025, companies with multi-state branches must register as Input Service Distributors (ISD) under GST law to distribute input t...
07 Aug, 2024, 12.49 PM IST
CBIC exempts these businesses from filing GSTR-9 annual return for FY 2023-24GST annual return: Now there is no need to file GSTR-9 annual return for FY 2023-24 as the Central Board of Indirect Taxes and Customs (CBI...
17 Jul, 2024, 03.44 PM IST
Navigating the evolution of Input Service Distributor under GSTISD scheme enables distribution of ITC received at one location across other branches of a company. It ensures that ITC is allocated in adh...
07 Mar, 2024, 11.26 AM IST
Interim Budget 2024: Cos need to register for Input Service DistributionCompanies with branches in multiple cities will now need to register for input service distribution (ISD) to claim input tax credit for ser...
02 Feb, 2024, 12.06 AM IST
AAAR ruling on salary to impact head office-branch GST dynamicsCummins India had approached the AAAR with questions including whether allocation of the cost of employees' salary by the head /corporate o...
17 Jan, 2022, 05.52 PM IST
Taxman want companies to split expenses on celebrity endorsements across unitsThe tax department has started questioning many companies as to whether they have distributed these common expenses across all their regist...
16 Sep, 2021, 08.45 AM IST
Jio Fiber rollout from Sept 5 @ Rs 700 a month; IOT launch on Jan 1, 2020Ambani said Jio Fibre services will be available from September 5, 2019.
12 Aug, 2019, 06.30 PM IST
Businesses can opt for composition scheme on GSTN portal from WednesdayThe registration facility for input service distributors (ISDs) will start from tomorrow and that of TCS and TDS deductors will open some t...
04 Jul, 2017, 04.32 PM IST
Struggling to get answers to your GST queries? Here is your 100-point guideThese questions cover various aspects such as registration, refund, supply, input tax credit, composition scheme, transition, invoice, expo...
01 Jul, 2017, 04.00 PM IST
5 things to consider when making the transition to GSTThe expected date of implementation of GST being July 1, 2017, transitional issues becomes particularly relevant as the entire system of in...
19 May, 2017, 12.53 PM IST
20,000 persons to get skill training in HaryanaAs many as 20,000 persons working in textiles sector will get skill training during 2015-16 and 2016-17 financial years under Integrated Sk...
15 Apr, 2015, 05.51 PM IST
- BSNL launches per second billing for postpaid customers
BSNL today launched per second billing, including for international calls, for its postpaid customers.
04 Dec, 2009, 08.05 PM IST
- Headley case: Hotels told to keep eye on foreigners
The David Headley case has spurred Delhi Police into stepping up its vigil on foreign tourists, even at the risk of harassing innocent trav...
16 Nov, 2009, 04.35 AM IST
- BSNL Punjab launches customer care portal
BSNL Punjab on Tuesday launched a customer care portal for online receipt of various types of requests and complaints of customers.
14 Aug, 2007, 07.50 PM IST
- Can’t let states spoil the surf, feels Nasscom
The Mumbai police’s decision to regulate internet cafes as public amusement places through a gazette notification has boiled over into a na...
30 Sep, 2006, 04.01 AM IST
- Mumbai cops to invade cyberspace
The 7/11 blasts have spooked the Mumbai police into tightening the noose around cyber crime.
22 Sep, 2006, 03.24 AM IST