Explains the legal situations where suppliers can correct excess GST through credit notes. Highlights that reduction in tax liability is conditional on timelines, ITC reversal, and absence of unjust ...
The government’s GST Intelligence body found that fake invoices were used by two Instakart vendors who are engaged in manpower supply Instakart has claimed that transactions with the vendors were ...
NEW DELHI: The GST Council has provided a much-needed relief to businesses, especially FMCG players, as credit notes are no longer linked to the invoices, which complicates matters for companies and ...
New Delhi: The Directorate General of GST Intelligence, Bengaluru Zonal Unit, has uncovered fraudulent invoices worth over Rs 266 crore during its raid in Delhi, involving availment and passing on of ...
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