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3 publications tagged with #input tax credit
GST on labour charges is an important tax rule for businesses and contractors in India, covering services like construction, repair, and manpower supply. Under the Goods and Servic…
The RCM on rent, or Reverse Charge Mechanism under GST, is a system where the tenant pays GST instead of the landlord in certain rental transactions in India. Introduced to ensure…
In a significant move that protects honest businesses, the Kerala High Court on 4th June 2024 ruled that genuine buyers cannot be punished just because their suppliers fail to file…
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