ITC has taken a significant step forward in redefining packaging through a commitment to sustainability, efficiency, and cutting-edge technology. Their focus is on developing packaging solutions that not only enhance the user experience but also contribute to the larger goal o...

Understand everything about ITC and claiming ITC under GST We pay the applicable tax when we make a purchase of a good or service. The maker, or a person who is not an end user, must now pay tax on the total amount of sales produced over the course of a year. The manufacturer...

The Madras High Court examined the issue of whether the petitioners are qualified for a refund of all unused ITC (input tax credits) that each of them has accumulated as a consequence of being subject to an inverted duty structure. Facts in a case The petitioners were all empl...

Get a comprehensive overview of the Reverse Charge Mechanism (RCM) in Goods and Services Tax (GST) including its definition, scope, time of supply, exemptions, and the process for claiming the input tax credit. Stay up-to-date on RCM compliance and regulations. Read Out Our Bl...

In this post, we will know about restrictions on availing of Input Tax Credit-wide Rule 36(4) of CGST Rules, 2017. Restriction on Availing Input Tax Credit wide Rule 36(4) of CGST Rules,2017.