The GST Council introduced a 'track and trace' system for tax-prone goods, requiring unique identifiers for supply chain monitoring. Online service pr ...
ITAT Bangalore held that entire bogus purchases cannot be considered for addition, however, only gross profit of such alleged bogus purchases needs to be considered. Accordingly, directed AO to ...
The first benefits of the new year will go out Friday, with eligible Canadians receiving goods and services tax (GST) or harmonized sales tax (HST) credits from the federal government. It’s the ...
It is expected to address fake invoicing and tax evasion under the GST framework, sources in the Council said. The system, which was rolled out in November, is designed to streamline invoice ...
This guide will show you how to get GST invoices from your PayPal account so that you have the paperwork you need for tax reasons and to keep good financial records. So, if you’ve ever wondered, “How ...
Is everybody out there enjoying their GST/HST holiday? I can think of one person who isn’t. This gift to Canadians from on high was supposed to endear them to the prime minister who commanded it but ...
When the announcement about the GST/HST break was first made, I didn’t realize just how good it would feel not to be charged tax. I guess it’s just one of those things you have to experience ...
AAAR concluded that mobilization advances are taxable upon receipt since they directly relate to the supply of services under ...
Joanna Hesketh, a media psychologist in the faculty of management at VIU, said awareness of the GST tax holiday is low — it hasn’t really cropped up in the media ecosystem of gift-item lists ...
The reduced tax means that the food delivery companies will no longer be eligible to claim input tax credit while filing GST. The GST Council might bring a cheer for food delivery apps such as ...
Previously, the GST law had provisions for acceptance or rejection of invoices and credit notes, with corresponding impact on tax liability of taxpayers but, these were omitted with effect from ...
Ever since Canada announced the GST/HST tax break holiday in November, there's been some discussion among Canadian restaurants, caterers, and customers about which products are eligible under the ...