Input Tax Credit (ITC) is a key feature of India’s Goods and Services Tax (GST) system. It enables registered taxpayers to reduce their tax liability by claiming credit for the GST paid on purchases or expenses incurred in the course of business. To claim ITC lawfully and accurately, specific conditions must be met and proper documentation must be maintained. A registered person, including an Input…
Have you ever stared at a GST demand order and wondered how long the appeal would drag on—or how many trips to different offices it would take? Those days might be numbered. On 24 April 2025, the Government of India switched on the long-awaited Goods and Services Tax Appellate Tribunal (GSTAT) and, with it, a fully digital portal that promises to make tax disputes quicker,…
India’s e-commerce sector is experiencing rapid growth, driven by innovative business models like quick commerce that are transforming shopping habits. As the industry evolves, so do tax regulations, particularly under GST. Staying updated on these changes is crucial for online sellers to ensure compliance, avoid penalties, and navigate the complexities of digital taxation seamlessly. GST Essentials for E-commerce Sellers the Goods and Service Tax (GST),…
