Prudent person always keep an eye on his/her funds available in Bank account, Cash/Gold/other valuable assets kept in the Locker at home, market ups-downs in shares invested & NAV of mutual fund units purchased. But have you ever checked your balance of Input Tax Credit (ITC) of GST in the electronic credit ledger available on the GST Portal.
Source: taxmann.com
Latest Posts in "India"
- When Supplier Defaults, Recipient Loses GST ITC: Conflicting High Court Rulings and Legal Analysis
- GSTN Launches Offline Invoice Management System (IMS) Tool; Issues Detailed User Advisory
- SEBI Asks GST Council to Resolve Tax Issues in Physically Settled Commodity Derivatives
- No Reverse Charge Demand if Service Provider Has Fully Paid Service Tax: CESTAT Hyderabad
- Bombay High Court: GST Not Applicable on Complete Assignment of Leasehold Rights as Sale
