Tuesday, May 21, 2019

‘Blocked Credits’ under GST: Delhi High Court issues Notice to Centre, State

The Delhi High Court, on Monday issued a notice to the Centre and the State Governments while admitting a petition praying to resolve the issues relating to ‘blocked credits’ under the Goods & Services Tax (GST) regime, which is affecting hotels and malls. Under section 16 of the GST Act, credit is allowable on inputs […]

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from Taxscan | Simplifying Tax Laws http://bit.ly/2K1yMHM

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