There is no legal restriction on the time of issuing a credit note; however, it must be reported in GST returns within a ...

March 2025 is crucial for GST compliance, requiring businesses to complete 16 key actions. These include reconciling outward ...

GST Intelligence says that all expenses incurred by the overseas branches should be treated as import of services by Infosys, and thus subject to IGST under the RCM, according to the document.

As the financial year ends, businesses and taxpayers must meet critical GST-related deadlines to avoid penalties and maintain ...

If an unregistered landlord rents out a commercial property to a registered tenant, the reverse charge mechanism (RCM) applies. In this scenario, the tenant is liable to pay 18% GST directly to ...

NEW DELHI: Indian corporates are encountering certain challenges related to GST compliance, particularly with the self-invoicing and reverse charge mechanism (RCM) for services received from ...