As October 31, 2024, approaches, taxpayers should note two essential Goods and Services Tax compliance deadlines — the last date to declare Opening balance in RCM Liability / ITC Statement and the last date to report opening balance in Input Tax Credit ( ITC ) Reversal Ledger.
Source: www.taxscan.in
Latest Posts in "India"
- GST Cut on Insurance May Not Lower Premiums; Potential 12-18% Increase Expected
- India’s GST Council Endorses Two-Tier Tax Structure for 2025
- GST Reduction on Fruit Drinks Excludes Colas; Prices Remain Unchanged for Carbonated Beverages
- Supreme Court Stays Retrospective GST Penalty, Examines Applicability to Non-Taxable Persons
- India Unveils Simplified GST Rate Structure
