Explains how foreign earnings must be reported as business income, converted at the correct exchange rate, and supported with documentation. Key takeaway: GST applies only once turnover crosses ₹20 ...

Explains the correct process for claiming past ITC using GSTR-2B data and filing within the annual return deadline. Key takeaway: claim only reflected ITC to avoid variance notices and defer unmatched ...

The Delhi High Court has held that the time limit set out under 73(2) of the Goods and Services Tax Act for issuance of show cause notice in relation to alleged short payment of tax, etc.