GST: The government has made the ISD mechanism mandatory, effective April 1, 2025. This means that the distribution of common ...
The Goods and Services Tax (GST) was implemented in July 2017 and multi-state GST registrations have been facing confusion regarding the process for distributing common input tax credits (ITC) availed ...
Now accountants will start: oh there is input tax credit. Buddy, someone pays that 18% GST eventually (your end customer; ...
If you want to cash in on the final carbon tax rebate, you will have to get some things in order in the next couple of weeks.
Businesses with a turnover of less than $75,000 are given the choice of registering for GST because if a business is spending ...
While lower GST could help increase penetration of insurance, some experts call for controlling medical inflation as well ...
Canadians in Alberta, Saskatchewan, Manitoba, Nova Scotia, New Brunswick, Newfoundland and Labrador, Prince Edward Island, ...
The Goods and Services Tax (GST) was implemented in July 2017 and multi-state GST registrations have been facing confusion regarding the process for distributing common input tax credits (ITC) availed ...
The Input Service Distribution (ISD) mechanism will enable businesses with branches in multiple states to consolidate ...
Input Service Distributor (ISD) [w.e.f. 01/04/2025] The concept of ISD started as a facility made available to businesses having a large share of common expenditure and billing / ...
Recovery of credit taken based on documents issued by the ‘input service distributor (ISD)’ by subjecting it to scrutiny for eligibility thereof at recipient unit; Section 2 (61) of CGST defines ...
The GST Council has asked the Insurance Regulatory and Development Authority of India (IRDAI) to provide recommendations on ...