Tag: ITC

Source – thehindubusinessline.com The Gujarat High Court has issued notices to Centre and the State Government, besides three others, on limiting the input tax credit to assessees in case the details have not been uploaded by the supplier. The Central Board of Indirect Taxes & Customs (CBIC) tweaked the ITC norms by bringing in a

Source – thehindubusinessline.com The Madras High Court has allowed credit transition of Education Cess, Secondary/Higher Education Cess and Krishi Kalyan Cess into the Goods & Services Tax (GST) regime. Since the High Court’s orders have precedent value, this particular order can bring relief to many companies, whose cases are pending in various judicial forums. Education