This explains when ITC becomes ineligible under Section 17(5)(h) due to expiry or destruction of goods. The key takeaway is that ITC reversal is mandatory and ...

The government has announced the last date for filing the GSTR-1 tax. This is a kind of tax that is filed monthly or quarterly return that summarises all sales of a taxpayer. The government issued a ...

In a significant compliance shift under the Goods and Services Tax regime, the GST Network (GSTN) on Saturday announced that the monthly GST payment form GSTR-3B will become non-editable from the July ...