In Safari Retreats case, the Supreme Court allowed businesses to claim input tax credit (ITC) on properties classified as ...

19 amendments have been proposed in the CGST Act 2017. Of these, three are critical from the industry point of view. One provisions says, “Clause (d) of sub-section (5) of Section 17 is being ...

Against the backdrop of a Supreme Court ruling related to input tax credit, the government has mooted substituting the word 'plant or machinery' with 'plant and machinery' under a section of the ...