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, ...
The All India Notebook Manufacturers Association has sought Finance Minister Nirmala Sitharaman's intervention, saying the ...
The Goods and Services Tax Network has updated its Invoice Management System. Taxpayers can now mark credit notes as pending ...
8don MSN
From refunds to registrations: How GST changes will reshape compliance for MSMEs from Nov 2025
The proposed and active changes aim to make GST filings faster, more transparent, and less cumbersome — particularly for ...
Insurance agents and distributors face reduced commissions following the removal of GST on insurance policies. Insurance companies are cutting agent payouts by 15-18% to cover increased operating ...
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 Directorate General of Anti-Profiteering (DGAP), which probes goods and services tax (GST)-related profiteering cases, is likely to be wound up after completing pending investigations, ...
The investigation revealed that the company is actively engaged in availing fraudulent Input Tax Credit solely on the basis ...
A recent GST circular clarifies trade discounts and credit notes, easing manufacturers' tax burden but creating cash-flow pressure for FMCG distributors due to accumulated input tax credit.
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