Businesses often face small mistakes in GST invoices – a wrong GSTIN, spelling errors, or address mismatches. But can such technical errors lead to denial of Input Tax Credit (ITC)?
The Delhi High Court recently gave a very important judgment about GST rate cuts — the kind the government announces to make products cheaper for consumers.
The Goods and Services Tax Network (GSTN) has introduced new features in the Invoice Management System (IMS) to make GST compliance simpler, more transparent, and less burdensome for taxpayers.
Over the last few years, we’ve all heard terms like Bitcoin, Ethereum, NFTs, and crypto coins. These are all forms of Virtual Digital Assets (VDAs). While many people trade in them or even gift them, one big question arises: How does tax work on these assets in India?