Searched for
ITC CLAIM IN GST
ET Prime Special Series: Multibagger or IBC - Part 60: This auto ancillary built its empire on one family. Can it survive the EV test?It began life making bicycle parts in Gujarat, the changed its name and business. That created scale, stability, and growth. A single custo...- GST@9: Building a more seamless, certainty-driven input tax credit frameworkA more balanced and predictable approach can help safeguard revenue, reduce disputes, enhance taxpayer confidence, and create a more effici...
- Byju gets jail term; SC backs 28% gaming GSTLegal troubles compounded for Byju Raveendran as a Singapore court sentenced him to six months in jail. This and more in today’s ETtech Top...
- Maharashtra reduces VAT on jet fuel from 18% to 7%Aviation Turbine Fuel tax cut in Maharashtra offers relief to airlines. The state government reduced Value Added Tax to 7% from 18% until N...
- Gurugram sessions court grants a 7-day remand to Punjab Minister Sanjeev AroraPunjab Minister Sanjeev Arora was remanded for seven days by a Gurugram court following his arrest by the Enforcement Directorate in a Rs 1...
- ED arrests Punjab minister Sanjeev Arora in Rs 100 crore money laundering caseThe Enforcement Directorate (ED) on Saturday arrested Punjab minister Sanjeev Arora in connection with an ongoing Rs 100 crore money launde...
- GST fault line: Supreme Court to rule if taxman can bundle years into one sweeping show-cause noticeThe Supreme Court is set to decide if tax authorities can issue a single show-cause notice for multiple financial years. This procedural is...
- GSTN launches offline Excel-based utility to boost Invoice Management System for greater accuracy in ITC claims; Here’s how it can helpGSTN has launched a new offline Excel utility for its Invoice Management System (IMS), aiming to boost accuracy in Input Tax Credit (ITC) c...
- DGGI officers arrest Kapil Chugh over Rs 1,825 cr GST refund fraudDGGI officers have arrested Kapil Chugh, the alleged mastermind behind an Rs 1,825 crore GST refund fraud. Chugh, who evaded multiple summo...
- GST 2.0: Key changes effective September 22; explained in FAQsThe 56th GST Council, convened on September 3, 2025, announced significant GST regime revisions effective September 22, 2025. These changes...
- GST on insurance premium: Why you may not get full benefit of GST reduction by 18% unless there's clarity on exemption vs nil-ratedStarting September 22, 2025, the GST on individual health and life insurance premiums will be slashed to zero. However, insurers are uncert...
- Central, state GST officers detect 25,009 fake firms fraudulently passing Rs 61,545 cr ITC in FY25Central and state GST officers uncovered 25,009 fake firms involved in fraudulently passing input tax credit (ITC) worth Rs 61,545 crore du...
- GST taxpayers can't claim pending input tax credit if GSTR 3B is not filed by this date for FY 2023-24Goods and services tax (GST): Registered taxpayers won't be able to claim any pending input tax credit if they don't file their GST return ...
- GST: As taxman intensifies drive against bogus ITC claims, it's not just fake cos that are sufferingITC refers to GST credit for tax paid while buying goods or services to be used for business. One example of ITC is the GST paid on raw mat...
- GST officers bust 304 syndicates involving Rs 25,000 crore fake ITC claimsIn an ongoing drive against bogus firms, GST officers have busted 304 syndicates involving 9,000 fake GST identification numbers (GSTINs) a...
- Rising complications for corporates in ITC claims under GSTThe changes in ITC rules have added responsibilities on businesses to reconcile and communicate with vendors more often. Businesses must ta...
- Hardcastle wants higher GST & input tax creditThe move could have a huge implication for the country’s restaurant sector Restaurants across India, such as McDonald’s and Pizza Hut, are ...
- Tax officials may examine high usage of ITC to set off GST liabilityThe issue of high input tax credit was flagged at the meeting of the Group of Ministers.
- Providing transport to women employees working the night shift? You will soon be able to claim ITCGST has framed comprehensive ITC laws which explicitly define the exclusions for certain items that are to be left out of its scope.
- Input tax credit: Important for taxpayers to know GST is unlike the previous regimeWith one year of GST coming to a positive closure, let’s take a look at present notables regarding input tax credit and the likely future f...
Load More
