The new forms, set to roll out shortly starting with large businesses, will prevent companies from claiming any more tax rebate than what they are eligible for, going by invoices issued by the vendors.
Source: A2ZTaxCorp
Latest Posts in "India"
- VAT Pre-Deposit Refund Must Be Paid in Cash Under GST, Rules Madras High Court
- Karnataka High Court: Limitation for GST Refund Mandatory, Delay Condonable Under Writ Jurisdiction
- Karnataka High Court: GST Refund Limitation Mandatory, Delay Condonable Under Writ Jurisdiction
- GST Refund Limitation is Mandatory, but High Courts Can Condon Delay in Genuine Hardship Cases
- DGFT Tightens Certificates of Origin Rules, Mandates Automated Verification and Authorised Issuance
