The 56th GST Council simplifies credit notes for post-sale discounts. Learn about the new rules, including de-linking from ...

Understand Input Tax Credit (ITC), a key component of the GST system. Learn how it prevents cascading taxes, its rules, benefits, and challenges for ...

What Is a Debit Note? A debit note is a document used and issued by a vendor to inform the buyer of current debt obligations. It can provide information regarding an upcoming invoice or serve as a ...

The BMC's controversial credit note policy, worth Rs 450 crore, is under scrutiny for non-payment of GST. Credit notes were issued to builders which were sold to others, including prominent city ...