The refund of TDS/TCS deposited in an electronic cash ledger that remains unutilized can be claimed ... of section 54 of the Goods and Services Tax (GST) Act would not be applicable in cases of refund ...
When filing their income tax return, the deducted amount can be adjusted against the payee's final tax liability. Here are the steps typically followed to deduct and deposit the TDS on GST bill, A ...
GST annual return: The deadline to file GST annual return is December 31, 2024. There is a good argument as to why you should file GST annual return despite the turnover being below Rs 2 crore.
GST refunds play a pivotal role in promoting exports of goods and services. Exporters in turn give a thrust to the economy by bringing valuable foreign exchange into the country's reserves.
In a significant move, a Delhi court has granted bail to eight people accused of participating in a substantial GST refund scam. The court cited their prolonged incarceration and economic status as ...
the date for filing the GSTR01 Return for October-December is January 15. Businesses will be able to submit GSTR 3B Returns till January 24-26. Earlier on Friday, the GST portal was reportedly down ...