Tag: ITC under GST

What is Input Tax Credit Under GST and Who Can Claim It

April 9, 2025

India’s indirect taxation system has evolved from Zakat and Value Added Tax (VAT) to Goods and Services Tax (GST). In this transition many changes are implemented for the benefit of small and medium businesses and to encourage ‘Ease of Doing Business’ in India. One of the prominent positive changes is Input Tax Credit under GST.… Continue reading What is Input Tax Credit Under GST and Who Can Claim It