Employee Diwali gifts may spread festive cheer, but GST law under Section 17(5) blocks Input Tax Credit on such expenses. Learn why these gifts are treated as free supplies and how to stay ...
Duty on capital goods removed from MOOWR units should be calculated by allowing depreciation, or duties should be waived or reduced for fully depreciated goods.
Gujarat High Court rules refund for double IGST payment cannot be denied on Customs Act limitation grounds, as revenue cannot retain tax paid without authority of ...
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