The government could allow companies to claim input tax credit for personal protective equipment (PPE) kits, sanitisers, masks and other such goods distributed free for battling Covid-19
Source: a2ztaxcorp.com
Latest Posts in "India"
- Delhi Police Busts Two Major GST Fraud Rackets, Eight Arrested for Fake Invoicing and Money Laundering
- GST 2.0 Reshapes India’s Premium Bike Market, Spurs Engine Downsizing and Strategic Shifts
- Maharashtra Cuts Aviation Fuel VAT, Easing Airline Costs Amid Iran War Disruptions
- Supreme Court Bars Uttar Pradesh from Levying VAT on Interstate Natural Gas Sales
- Are Liquidated Damages Under GST a Taxable Service or Mere Compensation for Breach?
