Input Tax Credit Reversal

Reversal of IGST Credit Not Needed When Misclaimed as CGST and SGST

Reversal of IGST Credit Not Needed When Misclaimed as CGST and SGST

In a landmark decision on April 30, 2024, the Calcutta High Court addressed a critical issue affecting many businesses across India regarding the GST. Thus, This ruling has significant implications for how companies manage their GST compliance. Let’s understand all about it through this article. The Case Overview The issue at the heart of this … Read more