“What is Inverted Duty Structure?” And information on Refund under GST Inverted Duty Structure Introduction When the GST system was established in 2017, it aimed to rationalize the ‘inverted duty structure in GST’ by allowing refunds of utilized ITCs (Input […]
Know Everything about Input tax credit & claiming ITC under GST When we purchase something we pay the tax for that particular product or service. Now in the case of the manufacturer, or a person who is not an end-user […]
GST 101- definition, Terms, Framework & how it Works The GST countdown has already started. In just 3 days of time, we are going to witness a revolution in Indian economy and existing taxation system. Myriad speculations are running for […]
