The govt said: "It is noted that varied practices are being followed by the officers in respect of verification of documents ...

Missing a tax deadline can leave you with penalties and late fees but going to prison is rarely the first step by the IRS. Jasmine Johnson is an Accredited Financial Counselor and Accountant.

In several cases, companies are alleged to have availed input tax credit (ITC) under GST regulations using fake invoices issued by entities known as "entry operators," which either do not exist or ...

In an almost surreal turn of events, a man from the small village of Ratanpur in Gujarat's Sabarkantha district has received a tax notice demanding ... "They told me to go to the GST office.

In accordance with GST Notification No. 14/2020 – Central Tax, dated 21st March 2020, the Government has mandated the inclusion of Dynamic QR Codes on B2C invoices for taxpayers whose aggregate ...

If you are planning to dine out, get ready to pay more. From April 1, 2025, all hotels that fall under the definition of ‘specified premises’ will charge an 18% GST (goods and services tax) from ...

Imagine a business that purchases goods worth ₹10 lakh, paying ₹1.8 lakh as goods and services tax (GST) to the supplier ... a missed invoice entry in an online return — the ITC is denied?

According to Pol Capt Surawut, the complaint stated that, from 2015 to 2017, Xin Ke Yuan Co Ltd issued counterfeit tax invoices, the damage value of which is estimated at over 200 million baht.

With reforms in personal and corporate tax, is it time to rationalise goods and services tax (GST) slabs? Minister of Finance and Corporate Affairs Nirmala Sitharaman confirms that the process is ...

To counter this unjustified attack, Poilievre will temporarily remove the Goods and Services Tax (GST) on purchases of all new Canadian-manufactured vehicles. The GST will be removed as long as ...

The New Zealand Tax Podcast - The United Nations enters the tax chat; concerns over rising GST debt; the Australian budget; and Mega Marshmallows - food or confectionery? The New Zealand Tax Podcast · ...