Kolkata: The government's recent circular has brought clarity on trade discounts and credit notes under the GST regime, but has shifted compliance obligation and cash-flow pressure onto FMCG ...
The Madras High Court held that ITC distribution by an Input Service Distributor arises only after conditions under Section 16(2) are satisfied. Authorities cannot insist on same-month distribution ...
Tax rules for financial products or mutual fund distributors have changed over the years, and staying compliant is essential for smooth business operations. Many distributors focus on client service ...
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