Starting April 1, a significant change is imminent in the GST system with the enforcement of the Input Service Distributor (ISD) mechanism. This mandatory alteration is designed to ensure that state ...

In significant relief to companies with branches in multiple cities, the finance ministry clarified the distribution of input tax credit between the head office and branch office as well as on the ...

Companies having presence in multiple states and distributing common input tax credit with branch offices will have to register as Input Service Distributor (ISD) with GST authorities by April 1, 2025 ...

New Delhi, Dec 8 (PTI) Goods and Services Tax Network(GSTN) today said Input Service Distributors can now filemonthly return form GSTR 6 for July t... New Delhi, Dec 8 (PTI) Goods and Services Tax ...

GST registration is mandatory for businesses exceeding Rs.20/40 Lakhs turnover. Learn about compulsory registration for RCM, e-commerce, and inter-state suppliers, penalties for non-compliance, and ...

Small businesses with a turnover of Rs20-75 lakh can opt for the GST composition scheme in which traders, manufacturers and restaurants can pay tax at 1%, 2% and 5%, respectively ...

The government’s recent circular has brought clarity on trade discounts and credit notes under the GST regime, but has shifted compliance obligation and cash-flow pressure onto FMCG distributors, ...

https://www.thehindubusinessline.com/news/national/gujarat-hc-issues-notices-to-centre-state-on-limiting-input-tax-credit-in-gst/article29985924.ece Copy The Gujarat ...

A number of contractors executing the work of the Electricity Department have complained that they are unable to get input tax credit for the Goods and Services Tax (GST) which they pay for purchasing ...