CBIC circulars, GSTR portal changes, AAR rulings, ITC disputes, e-invoice and e-way bill updates — decoded the same day they drop.
A large pharmaceutical company in Ahmedabad had been claiming full ITC on its marketing overheads for two years. When a
ITC Reversal Under GST: Rule 42, Rule 43 and the Annual True-Up Read Post »
Every month, thousands of businesses across India claim input tax credit (ITC) based on what they think their suppliers have
GSTR-2B Reconciliation: Why Skipping This Step Is Costing You ITC Read Post »
It was a routine GSTR-3B filing day for the finance team at a Delhi-based consumer goods distributor with a ₹12
GST Rule 86B: The 1% Cash Rule That Trips Up High-Turnover Businesses Read Post »
Buying a property in India is one of the most significant financial decisions in a person’s life, and GST implications
Demystifying GST on Real Estate: Know the Tax Implications Before You Buy Read Post »
In a significant relief measure for businesses and individuals struggling with GST compliance backlogs, the Government of India launched the
New GST Amnesty Scheme 2023: Relief to Taxpayers with Late Fee Waiver Read Post »
In a significant compliance update, the Goods and Services Tax Network (GSTN) has mandated that businesses with an aggregate annual
Upload E-invoice on IRP within 7 Days — What Rs 100 Crore+ Businesses Must Know Read Post »