In what may be termed as an important judgement for Goods and Services Tax (GST) registered taxpayers, the Supreme Court on May 19, 2025, allowed using input tax credit (ITC) to pay the mandatory ...
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Zero tax on notebooks welcomed, but students may end up paying more if input credit issue persists
The recent decision by the GST Council to exempt notebooks and other school stationary from Goods and Services Tax (GST) is being widely praised as a progressive step towards making education more ...
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