Urgent clarification needed on issuing GST credit notes for pre-rate change stock. Understand the implications of new MRP ...
The 56th GST Council simplifies credit notes for post-sale discounts. Learn about the new rules, including de-linking from ...
The GST Council has eased compliance for businesses, particularly FMCG companies, by removing the requirement to link credit notes to specific invoice ...
The circular also stated that post-sale discounts given by manufacturers to dealers would not be treated as consideration for ...
The circular addresses doubts raised by industry stakeholders regarding how such discounts affect Input Tax Credit (ITC) and ...
The 56th GST Council, convened on September 3, 2025, announced significant GST regime revisions effective September 22, 2025. These changes streamline the tax structure to two rates: 5% for essential ...
With the 22 September deadline for new, lower GST rates now here, consumer packaged goods makers, distributors, and retailers ...
The Finance Ministry clarified that medicines released before Sept 22, 2025, need not be recalled or relabelled under GST 2.0 ...
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