Input Credit Collected Under Gst
Under the scanner: Clutch of fund houses in a spot over tax credit claims
DGGI alleges tax credit claimed on expenses was much higher than prescribed limit
 "Under the scanner: Clutch of fund houses in a spot over tax credit claims")
Updated On : 24 Apr 2023 | 6:51 AM IST
GST officials arrest 1 person for trading in fake invoice, generating ITC worth Rs 52.19 cr
GST officials have busted a fake invoice trading racket and arrested a person for passing on input tax credit (ITC) of over Rs 50 crore, a source said on Sunday.
 "GST officials arrest 1 person for trading in fake invoice, generating ITC worth Rs 52.19 cr")
Updated On : 26 Oct 2020 | 11:44 AM IST
Input tax credit cannot be availed on GST paid for employees cabs
The AAR in its ruling said since the applicant failed to cite any law under which the service of providing transportation facility to its employees is obligatory, ITC will not be available
 "Input tax credit cannot be availed on GST paid for employees cabs")
Updated On : 22 Jun 2020 | 1:48 AM IST
Input credit collected under GST to be deposited in a fortnight
Kumar said the annual turnover limit for composite tax of one per cent and two per cent on MSMEs
 "Input credit collected under GST to be deposited in a fortnight")
Updated On : 07 Oct 2017 | 11:49 PM IST
