The concept of “tolerance of an act” is not new to indirect tax laws. This concept was introduced in service tax regime from July 2012.

In the draft GST law, there was discussion about availment of Input Tax Credit (ITC) on the basis of GSTR-2. However, due to some practical

As per Section 54 of the CGST Act, 2017, an application for claiming refund of tax or un-utilised input tax credit on account of export

Circular No. 183/15/2022-GST dated 27th December 2022 Sub:    Clarification to deal with difference in Input Tax Credit (ITC) availed in FORM GSTR-3B as compared to

The Government is wishing all taxpayers a very happy new year by making certain changes in GST law which are effective from 1st January 2022.