This explains how non-realisation of export proceeds within FEMA timelines leads to GST refund reversal and interest liability. The key takeaway is that exporters must track realisation deadlines ...
This extension replaces the standard Business Central sales document reports with custom layouts specifically designed for Indian GST (Goods and Services Tax) compliance. All documents follow Indian ...
The alleged violations include excess input tax credit (ITC) claims due to mismatches between GSTR-2A/2B and GSTR-3B, and incorrect claims of blocked ITC under Section 17(5). Hero MotoCorp on Tuesday ...
GST reforms have unexpectedly increased notebook costs for students by shifting them to a nil-GST bracket. This move, intended to reduce prices, has instead burdened paper manufacturers and MSMEs due ...
The Inland Revenue Department (IRD) has begun calling people with more than $1000 worth of tax debt. Photo / Janna Dixon Inland Revenue is chasing overdue tax bills and has started phoning people to ...
Bashing the Commonwealth Grants Commission’s formula for distributing the GST is a bipartisan sport in NSW. In 2018, the Coalition government’s then-treasurer, Dominic Perrottet, derided the formula – ...
The Union government led by Prime Minister (PM) Narendra Modi had initiated several key economic reforms during the last one decade. But nothing could be viewed as more transformational than the ...
The Coal Ministry, in a statement issued on Monday (September 22, 2025), said that the reforms finalised at the 56th Council of the meeting, most of which came into force on September 22, would help ...
Earlier this month, Tata Motors one of the first auto manufacturers in the country to announce lower prices in tandem with the central government's GST rationalisation move. Tata Motors doled out ...
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