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Input Tax Credit, CGST Act, MSME, Lakshmikumaran & Sridharan

Often transactions such as stock transfers, supply of corporate guarantee services, supply of technical and administrative services etc., between related parties (under GST) are carried out without.

Input-tax-credit
Cgst-act
Sme
Lakshmikumaran-amp-sridharan

Unreconciled Mismatches of ITC and GST liability beyond a week could trigger Demand and Recovery Action

The article discusses the newly introduced Rule 88D of CGST Rules which deals with mismatches between Input Tax Credit auto-populated in GSTR-2B and that reported in GSTR-3B by the taxpayer.

Council-meeting
High-courts
Gst-law
Input-tax-credit
Itc
Rule-88d-of-cgst-rules
50th-gst-council-meeting
Goods-and-services-tax
Gstr-2b
Gstr-3b
Lakshmikumaran-amp-sridharan

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