Wednesday, June 16, 2021

TOPIC

Input Tax Credit

GST exemption on hand-sanitiser has the potential to increase price of domestic products and incentivise import from China: Read how

Exemption of GST on a product blocks the input tax credit available for a manufacturer, which gets added to the retail price

How GST has now helped catch a suspected bank loan fraud

GST's mandate is not to catch bank frauds, but the systems in place in the GST law have helped trace such a potential fraud.

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