How to Get Refund for Unutilized ITC in 2022?

How to Get Refund for Unutilized ITC in 2022?

GST Input Tax Credit is a concept that is most essential for a business under the GST regime. However, there are many instances where the businesses need to be extra cautious while utilizing their Input Tax Credit. Businesses can claim the unutilized ITC under GST...
How to Claim Input Tax Credit on Capital Goods

How to Claim Input Tax Credit on Capital Goods

Capital Goods are an integral part of the business and every business uses Capital Goods at some point in time. Capital Goods incur high costs in purchase and hence the GST paid on them is also high. Hence, it becomes essential to understand the process to claim Input...
GST Issues & Challenges Faced By MSMEs In India

GST Issues & Challenges Faced By MSMEs In India

The Indian Government’s objective to introduce Goods and Services Tax (GST) in India was to bring uniformity within the Indian taxation structure and avoid the cascading effect into the indirect taxation realm. However, initially businesses struggled to keep up with...