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Don’t miss the latest developments in business and finance.
CBIC issues guidelines for post audit and refund claims under GST
This is following several reports CBIC received about different practices being followed by the field formations, creating issues for taxpayers
GST Council likely to modify monthly tax payment form for ITC clarity
The modified form will help in checking bogus ITC claims and ensure that honest taxpayers are able to timely avail the ITC benefit
GST Network starts online refund processing, will help taxpayers in claims
GST Network lets taxpayers to file refund application (in RFD 01 form) easily and tax officers to process online.
GST forms: Delink provisional credit from tax payment, say stakeholders
Earlier, the GoM, headed by Bihar deputy chief minister Sushil Modi, had zeroed on two models of simplification