December 3, 2021
Input Tax Credit under GST is the bedrock of the GST structure. Businesses should aim at using this feature wisely and avail maximum of eligible ITC under GST. In this short article, we have discussed a few important pointers that businesses should follow to claim maximum eligible ITC in FY 2022. The businesses must take utmost care
November 3, 2021
The Diwali festival season is around the corner now.Many companies are planning to gift their employees with Diwali gift hampers, vouchers, goodies, etc.The budget for this activity can go very high for businesses with a large number of employees.It’s also prevalent practice in many professions to offer promotional items to clients, distributors, partners, etc.This article
October 2, 2019
Input tax credit is credit available on purchase of goods or services or both against GST payable.As per section 18 of Central Goods and Service Tax, 2017, certain circumstances have been defined where input tax credit may be availed. Special cases under which ITC can be claimed Compulsory Registration When a person applies for registration