“The traders who are involved in manufacturing of commodities including food can expect a relief in input tax credit under the GST regime.
According to Shankar Thakkar, Maharashtra state convener, Confederation of All India Traders, the Government of India has assured the traders/manufacturers that they will be able to file GST through the balance of input tax credit.
Source: http:“
Latest Posts in "India"
- Chennai Fake GST Invoice Racket Busted; ₹350 Crore Evasion Suspected, Prime Accused Arrested
- Overpaid GST: Rectification or Refund? Understanding When to Adjust and When to Claim Refund
- Insurance Brokers Push for Zero-Rated GST to Restore Input Tax Credit and Prevent Premium Hikes
- Delhi High Court: ITC Re-credit Cannot Be Denied Due to GST Portal Technical Limitations
- Key GST and Customs Legal Updates: E-Filing, ITC, Refunds, and Recent High Court Judgments













