In a Goods & Services Tax (GST) environment, Input Tax Credit (ITC) is an important advantage that avoids “double taxation” and positively affects a business’s cash flow. ITC lets companies reduce the GST they paid when they made purchases against the GST they owe on those purchases to determine if they either owe tax or

Introduction: GST Complexity Meets Intelligent AutomationThe Goods and Services Tax (GST) system, introduced to unify India’s fragmented tax regime, has itself become a maze for Indian enterprises. As regulations have matured, compliance demands have risen exponentially, placing an increasing strain on businesses’ finance and tax teams. While digital tools have simplified some reporting, the manual burden

Refund filing has been simplified and made easier for certain categories, and these changes have been made by GSTN. The changes are effective from 8th May 2025 and are particularly useful for exporters, SEZ suppliers, and deemed export claimants. This is what has changed: 1. No More Selecting a Tax PeriodTaxpayers previously had to choose