Thursday, January 3, 2019

Finance Ministry allows businesses to claim GST input credit benefit for FY#39;18 till Mar 2019

Finance Ministry allows businesses to claim GST input credit benefit for FY#39;18 till Mar 2019 Tax experts said that ITC claims were allowed to businesses earlier provided businesses had generated invoice, paid taxes and filed returns. However, in the recent order the CBIC has mandated that ITC claims would have to be matched with GSTR-2A.

from Moneycontrol Business News http://bit.ly/2SuJwzP

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