Summary: The recent amendment to Section 16 of the CGST Act introduces provisions for claiming Input Tax Credit (ITC) for taxpayers who faced demand due to non-compliance with Section 16 (4). Sections ...
Advance Ruling No. KAR ADRG 41/2024, 13/11/2024, the Karnataka AAR ruled that an aggregator providing diagnostic and wellness services via a digital platform is taxable at 18% GST. The company, acting ...
The Bureau of Internal Revenue (BIR) recently issued Revenue Memorandum Circular (RMC) 116-2024 on Aug. 21, 2024, implementing Republic Act (RA) 11976, or the E ...
are that the materialized view cannot subsequently be directly updated and that the query used to create the materialized view is stored in exactly the same way that a view's query is stored, so that ...
To cater to this purpose, the GST portal has now been integrated with the E-way Bill Portal (EWB). The integration enables the users to import the B2B and B2C invoice sections and the HSN-wise summary ...
For transactions coded to a local fund, run the Local Budget Variance Report. This report provides a summary of the budget and actual expenses for local funding sources. A valid invoice from the ...