Non-compliance with GST ITC apportionment rules can lead to demands, interest, and penalties. Understanding Rule 42 and Rule 43 is essential for businesses claiming common input tax ...
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Missed GST return filing? Your GST registration could be suspended; check the legal position
GST registration can now be suspended for even minor delays in filing returns, a shift from the previous six-month rule. Experts highlight this change, enacted in 2022, is causing business disruptions ...
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