GST Amendment Limits Input Tax Credit Utilisation To 10% On Missing Invoices
An employee displays a receipt book showing a store’s goods and services tax identification number (GSTIN) in an arranged photograph in New Delhi, India. (Photographer: Anindito Mukherjee/Bloomberg)

GST Amendment Limits Input Tax Credit Utilisation To 10% On Missing Invoices

Businesses can now avail input tax credit on missing invoices only up to 10 percent of the eligible credit generated from information on valid invoices or debit notes uploaded by a supplier.The rec...
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