Countries implementing value-added tax with credit mechanisms are grappling with the global menace of input tax credit frauds. In an attempt to curb this menace, the GST law introduced various ...
Refund of accumulated tax credit related to imports and inward supplies liable to reverse charge will be cleared by field offices even if the same is not reflected in purchase return Form GSTR-2A, the ...
Ever since the government decided to put the new GST return system on hold, there have been several welcome changes made to the current GST return filing flow. With the new GSTR-2B form introduced, ...
Economic Community of West African States (ECOWAS) Ministers Met in Freetown to Shape the Future of West Africa's Digital Economy Africa Newsroom Economic Community of West African States (ECOWAS) ...
Input Tax Credit is one of the dearests of all the GST domains. ITC is important to keep the cash-flow in proper order and to make the capital available for the business processes. Though ITC is a ...
Refund of accumulated tax credit related to imports and inward supplies liable to reverse charge will be cleared by field offices even if the same is not reflected in purchase return Form GSTR-2A, the ...
GST reconciliation mainly includes matching the data uploaded by the traders or sellers with those of the recipient's purchase data. This principally includes comparing the GSTR-2A/2B auto-populated ...
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