Input Tax Credit is a topic near to the heart of every taxpayer. A taxpayer is always cautious about the changing rules to claim the ITC authentically. Truth be told, Input Tax Credit is a complicated affair if the taxpayer is
Introduction- Input Tax Credit under GST plays a critical role in business taxation as it is the chief aspect that eliminates the cascading effect. ITC affects businesses directly on a monetary front & hence businesses must make sure to calculate &
Goods and Service Tax- Since July 2017 Goods and Service Tax are applicable in India, it is considered as the biggest reforms under which GST Input Tax Credit (ITC) is one of the talking points, which needs to be considered carefully.